Usually, investors opt for premature withdrawal if they need money urgently for any financial emergency. You can opt for partial withdrawal or a complete withdrawal, depending on your financial need. Premature withdrawal of fixed deposit is withdrawing money from a fixed deposit account before maturity. What is Premature Withdrawal of Fixed Deposit? In this article, we will discuss the premature withdrawal of fixed deposit.
However, fixed deposit provides investors with a facility to withdraw from their fixed deposit before maturity. You can earn guaranteed returns at a predetermined interest rate upon maturity without any risk of market fluctuations. They strive to balance their investment portfolio by investment in fixed deposits.
