If you are looking to maximise your savings then investing in a fixed deposit account is the way to go forward. If you have a bank account with Standard Chartered Bank, then you can easily open a Standard Chartered bank fixed deposit account where you can make deposits on a monthly basis until your FD account attains maturity.
However, if you wish to close your Fixed Deposit account, here are the guidelines you will have to follow in order to close your Standard Chartered Fixed Deposit account.
The steps to close your Standard Chartered Fixed Deposit account before maturity are the same as followed for closing your account on maturity. You will be required to submit the fixed deposit account closure form, KYC documents, and fixed deposit certificate.
The only thing that you will have to keep in mind is that the bank may charge you a pre-closure fee on allowing you to close your fixed deposit account before maturity.
You can close your Standard Chartered FD account on maturity by visiting your nearest branch, logging into your online banking portal, or using the SC Mobile app. The maturity amount will be credited to your linked account automatically if no renewal instructions are provided.
Yes, you can open a Standard Chartered Fixed Deposit account online.
Yes, you can close your Standard Chartered FD before maturity; however, premature withdrawal charges may apply. You can initiate this through net banking, mobile banking, or by visiting a branch.
Yes, Standard Chartered allows customers to close their FD accounts online via Internet Banking or the SC Mobile App. Simply log in, select your FD account, and choose the ‘Close Deposit’ or equivalent option.
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