| Author |
Message |
![[Post New]](/forum/templates/default/images/icon_minipost_new.gif) 07/10/2009 10:42:59
|
vaicool
Offline
|
Suppose i invested Rs 1,00,000 for 6 months with a monthly interest payment option
Rate of interest is 6% annually
Premature withdrawal rate is .5%
I receive interest for first two months, than i withdraw the money from fixed deposit in the third month, can u tell me how will the penalty charges(Premature withdrawal charges) be calculated ?
Thanks
|
|
|
 |
09/11/2009 16:13:18
|
subu501
Offline
|
You need to get clarity from Bank. The premature penalty og 0.5% is on what
1) The principal
2) Interest earned so far
3) principal +interest earned so far
It could vary from bank to bank...
This message was edited 1 time. Last update was at 09/11/2009 16:13:35
|
|
|
|
06/09/2010 17:11:08
|
gorlasaisekhar
Offline
|
How much panality banks are taking on premature withdrawal from fixed deposits
|
|
|
|
09/09/2010 12:20:53
|
itrustexpert
Offline
|
It depends on individual bank. You will need to check with your bank regarding this
|
iTrust Expert |
|
|
|
25/01/2011 13:49:03
|
Anonymous
|
If ANY PERSON WANT TO INVEST YOUR MONEY IN SHARE MARKET FOR HIGH RETURN like- PMS-Portfolio Management Services ( Its a best option for Fixed Deposit & Mutual Funds etc, Insurance) & De-Mat A/C, ,IPO,SHARE/CURRENCY/COMODITY TRADING, CALL ANY TIME -9654789550 (New Delhi) or Mail : sanjay020877@yahoo.com
|
|
|
|
01/02/2011 22:00:15
|
Anonymous
|
gorlasaisekhar@yahoo.com wrote:How much panality banks are taking on premature withdrawal from fixed deposits
|
|
|
|
23/03/2011 10:26:44
|
Anonymous
|
subu501 wrote:You need to get clarity from Bank. The premature penalty og 0.5% is on what
1) The principal
2) Interest earned so far
3) principal +interest earned so far
It could vary from bank to bank...
|
|
|
|
27/03/2011 14:39:13
|
Anonymous
|
vaicool wrote:Suppose i invested Rs 1,00,000 for 6 months with a monthly interest payment option
Rate of interest is 6% annually
Premature withdrawal rate is .5%
I receive interest for first two months, than i withdraw the money from fixed deposit in the third month, can u tell me how will the penalty charges(Premature withdrawal charges) be calculated ?
Thanks
|
|
|
|
11/04/2011 22:39:58
|
Anonymous
|
hi want 2 ask i had FD in joint name 1st holder my self & 2nd holder my mom with tick on either or survivor now if i premature the FD i cant get pay order (dont have S.B a/c in same bank)on 1st holder name????? as i dont have joint S.B?????
|
|
|
|
07/05/2011 11:57:38
|
Anonymous
|
vaicool wrote:Suppose i invested Rs 1,00,000 for 6 months with a monthly interest payment option
Rate of interest is 6% annually
Premature withdrawal rate is .5%
I receive interest for first two months, than i withdraw the money from fixed deposit in the third month, can u tell me how will the penalty charges(Premature withdrawal charges) be calculated ?
Thanks
|
|
|
|
05/09/2011 10:10:52
|
Anonymous
|
Anonymous wrote:
gorlasaisekhar@yahoo.com wrote:How much panality banks are taking on premature withdrawal from fixed deposits
|
|
|
|
11/09/2011 10:31:30
|
Anonymous
|
I have made a fixed deposit in Can Bank of 1 lakh on 6.6.2011 for a period of 555 days at the rate of 9.75%. What will be the amount I shall get if I make a pre-mature withdrawal on 12.09.2011
|
|
|
|
16/01/2012 15:42:12
|
Anonymous
|
Anonymous wrote:I have made a fixed deposit in Can Bank of 1 lakh on 6.6.2011 for a period of 555 days at the rate of 9.75%. What will be the amount I shall get if I make a pre-mature withdrawal on 12.09.2011
|
|
|
|
05/02/2012 19:45:30
|
Anonymous
|
Anonymous wrote:I have made a fixed deposit in Can Bank of 1 lakh on 6.6.2011 for a period of 555 days at the rate of 9.75%. What will be the amount I shall get if I make a pre-mature withdrawal on 12.09.2011
|
|
|
|
|
|
![[Up]](/forum/templates/default/images/icon_up.gif){kind=icon}