Premature Partial withdrawal of FD

[nimbus2000]

Hey everyone, I was able to do partially withdraw some of the amount before maturity with FDs from Axis Bank. This was not the case with SBI and Federal Bank (Fi).
Does anybody know of any other bank apart from Axis that allows Premature Partial withdrawal? Thanks in advance!

 

[nimbus2000]

Check ICICI's linked FD. I think that's one of the most convenient tools. Helps get savings interest rate up to 5.45%. My whole balance on ICICI is in linked FD.

Thanks a lot for your response. I'll give them a try.
I do not have any banking relationship with ICICI. How has your experience been with them?

 

[nimbus2000]

Yes, I'm doing the same with my Axis FDs + salary account.

 

[iAmPm]

Hey everyone, I was able to do partially withdraw some of the amount before maturity with FDs from Axis Bank. This was not the case with SBI and Federal Bank (Fi).
Does anybody know of any other bank apart from Axis that allows Premature Partial withdrawal? Thanks in advance!

What are the conditions for partial withdrawal without penalty in axis bank?

 

[nimbus2000]

What are the conditions for partial withdrawal without penalty in axis bank?

I am not sure if it is limited period offer, but for 2 year FDs, we can withdraw without penalty after 15months.

 

[Tejo]

Hey everyone, I was able to do partially withdraw some of the amount before maturity with FDs from Axis Bank. This was not the case with SBI and Federal Bank (Fi).
Does anybody know of any other bank apart from Axis that allows Premature Partial withdrawal?

All banks will allow partial withdraw, But will reduce the interest, if withdraw in middle.

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