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In contrast, in case your FD is actually stored to the bank to have a smaller date, particular financial institutions cannot pay attention. Fixed places giving a premature withdrawal option allow you to romantic your account until the term finishes. Fixed places (FDs) had been a chance-to money option for years within the India, using their lower-risk reputation and you may protected output. It is a popular selection for those people seeking to dedicate its discounts and secure a fixed rate of interest more than a certain months.

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