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Indian Bank provides a wide range of fixed deposit (FD) schemes. These FDs offer high-interest rates. Indian Bank is a reliable bank in India and the fixed deposits come with benefits like higher returns, flexible tenure, lower minimum deposit limit, and also loan against FD. If you are looking to close your Indian Bank FD, here is a guide to help you do so:
Yes, you can close your FD with Indian Bank at any time.
Yes, you will be charged a penalty fee of 1% of the total amount liable for return.
You can get a loan of 90% of your FDs current value.
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Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.