the selected Fds maturity instruction will be auto-Renew ( either by highest intrest tenure or by the same tenure of prev FD as you selected while applying the cc)
At the time of maturiy if you really wants , you need to pay first all the pending outstanding
then max option will be provided in stable money or we should contact them
then They will Unlink the FD (Lein removal) , then you can withdraw or close or break the FD .
If there is only ONE FD selected which u want to be closed and completed above process, then your will be with zero LIMIT on CC as the backend software SOP is being developed like this only in stable money ( NOT LIKE OTHER BANKS WHICH CLOSES THE CARD AS OF NOW)
But it is USER FRIENDLY way compared to other banks , but they cant run business model like this in long run ( so SOON THEY WILL ALSO CLOSE THE CARDS BY SEEING PEOPLE BEHAVIOR PATTERN BASING on THEIR 3rd party or own appointed RISK STRATEGY OR INCOME LOSS ANALYST Report )
IF there is more FDs selected , you will have the limit of 90% of which is not asked for maturity.
Other FD based cards allow to increase the limit with additional deposits. IDFC WOW, super money, etc. So, it may be repeated here too. We'll know this only after the launch which is kept postponed.
Other FD based cards allow to increase the limit with additional deposits. IDFC WOW, super money, etc. So, it may be repeated here too. We'll know this only after the launch which is kept postponed.
yes the same , which is being implemented in their software
but collaborating with banking software in Real Time is making them difficult but still the same feature will be there