Is there any loan facility available for Fixed Deposits?
Yes, you can obtain a lending facility against a fixed deposit according to certain conditions: 1 to 3 years scheme: Loan facility is not given 4-year to 5-year scheme: Loan facility will be available on fixed deposits 5 years to 7 years scheme: Loan facility will be available on this scheme *The interest […]
Is there any prematurity payment system available for FDs?
Yes. The details are given below: 1 to 3 years scheme → Prematurity payment system not given For 4 to 5 years scheme → Prematurity facility will be given only after completion of 3 years For 6 to 7 years scheme → Prematurity facility will be given only after completion of 5 years
What is the minimum FD investment amount?
The minimum investment is Rs. 5000, with further investments being made in multiples of Rs. 5000.