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Canara Bank FD

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Aditi
wrote on last edited by

#1

Hi
I am planning to open an FD with Canara Bank on interest of 6.80% for 4 years. So I want to know what the deductions would be in case of an early withdrawal.
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Ritika
wrote last edited by

#2

There is 1% penalty on the applicable interest rate for early withdrawal of FD below ₹3 crore. Basically, the penalty amount depends on the deposit duration and withdrawal terms.
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