POSTED BY June 21, 2014 5:06 pm ONE COMMENTON
By default FDs are automatically created with 1 year duration and linked to Savings Plus account. Are we charged penalty if we withdraw more money from ATM and this FD gets broken (before 1 year)?
Are we charged penalty if we go into the bank and break any FD linked with Savings Plus account? Is tax automatically deducted or we have to pay it ourselves?