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.
As a senior citizen, you will be able to earn an additional 0.5% interest rate on your fixed deposit.
Yes, you can open a Standard Chartered Fixed Deposit account online.
The minimum and maximum tenure for a Standard Chartered fixed deposit is 7 days and 5 years respectively.
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