Bank FD time out (maturity) compulsory in bank

This query is : Resolved 

18 May 2022 Sir,
A person fixed deposit in bank.if bank FD maturity after FD amount withdrawal compulsory or renewal not accepted for bank new provision applicable.

18 May 2022 It can be renewed with a request. No automatic renewal. Withdrawal not compulsory.

18 May 2022 it will be renewed at the new rate of interest. withdrawal is not necessary. you can continue from the date of meturity.

18 May 2022 a person FD amount maturity after continuing savings bank account rate of interest new rules applicable

19 May 2022 It's for persons not renewing FD.


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