What are the modes through which a customer can prematurely withdraw a fixed deposit?

Based on standard banking practices, here are some of the common modes through which a customer can prematurely or early withdraw a fixed deposit:

1. Branch Visit: Customers can visit the home branch where the FD is held and submit a written request for closure along with original FD receipts. This is the most common method.
2. Online Banking: Many banks and non-banking financial institutions (NBFCs) allow customers to apply for premature closure online by logging into net banking. However, approval involves physically submitting documents.
3. Email/Written Request: A signed, scanned request can be emailed to the branch email ID which holds the fixed deposit. Physical documents may need to be submitted later.
4. Phone Banking: Some financial institutions also allow FD premature closure requests via dedicated phone banking numbers. However, the approval process still requires paper verification.
5. Mobile Banking App: Leading financial institutions offer the option to apply for deposit closures through mobile apps, which are forwarded to branches.

Thus, while many channels are available, physical submission of verification documents is required as per banking regulations for processing early FD closures. Please check your financial institution’s specific instructions.