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As per the guidelines by RBI, depositors may withdraw the full amount of small deposits (up to Rs 10,000) within three months of depositing without accruing any interest. For larger deposits, partial withdrawals of up to 50% of the principal amount or Rs 5 lakh (whichever is lower) are permitted within three months without interest.
www.businesstoday.in
Revised Fixed Deposit rules from Jan 1: Check RBI's new regulations for FD schemes
As per the guidelines by RBI, depositors may withdraw the full amount of small deposits (up to Rs 10,000) within three months of depositing without accruing any interest. For larger deposits, partial withdrawals of up to 50% of the principal amount or Rs 5 lakh (whichever is lower) are...
www.businesstoday.in
