To get the full benefit of your Fixed deposit, it's always better to allow it to complete the term. But if you wish too, you can withdraw it prematurely by following few simple steps:
1. On Mobile Banking
1) Go to Banking
2) Select Fixed/Recurring Deposits
3) Select Premature withdrawal
OR
2. On Net Banking
1) Go to Investment -> Deposits
2) Select Premature Withdrawal of Deposit (Amount will be credited your account instantly).
Please Note:
1) In case of premature closure of Fixed deposit within 7 days from date of it's booked, no interest shall be paid and only principal amount will be returned.
2) There will be penalty on the interest rate (0.50%) if it was booked for 181 days and above and withdrawn before maturity.
3) Please click here for more details on Fixed deposit