Investment FAQs

Refine your investment strategies with our comprehensive FAQs. Access clear answers to optimise your portfolio and achieve financial goals.

Choose Category

What Happens If a Fixed Deposit (FD) Is Broken Before Maturity?

Posted:20th November, 2024
Updated:20th November, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1260

Breaking a fixed deposit (FD) before maturity usually leads to the following

Posted:20th November, 2024
Updated:20th November, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1920

To close your Fixed Deposit (FD) early, you'll typically need to submit a written request or online application form to your financial institution.

Posted:20th November, 2024
Updated:20th November, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1792

The time it takes to withdraw your fixed deposit (FD) depends on the financial institution and the withdrawal method you choose.

Posted:20th November, 2024
Updated:24th July, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1348

Upon maturity, you have several options for your Fixed Deposit.

Posted:20th November, 2024
Updated:24th July, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1734

Yes, fixed deposits (FDs) generally have a lock-in period. This means that you cannot withdraw your funds before the maturity date without incurring a penalty.

Posted:24th July, 2024
Updated:24th July, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1306

The maximum time limit for a fixed deposit (FD) varies depending on the financial institution.

Posted:24th July, 2024
Updated:20th November, 2024

Share
Share
https://www.shriramfinance.in/financial-faqs-investments
1344

While most financial institutions impose a penalty for early withdrawal of fixed deposits (FDs), you may be able to avoid this penalty in certain cases.