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You can change maturity instruction of Term / Fixed Deposit by choosing one of these options: On Net Banking. Go to Investment -> Deposits. ... You can place this request by calling our 24x7 helpline number 1860 266 2666 (Standard call charges applicable). Alternatively, you place this request at our nearest branch as well.
Dear Sir, Please open in the name/s shown below a Fixed Deposit Account in ance with the rules of the bank on the following terms and conditions and issue me/us a Deposit receipt. By debit to my/our savings/current/ account no. ______________________ with you.
Depositor is required to fill in monthly or core monthly instalment in numerical and words and specify tenure in either years or months or days or in combination of any of these. The depositor is also required to add debit account number where he wishes his interest and maturity proceeds to be credited on maturity.
Accrued interest on FIxed deposit is shown in the credit side of Profit and loss account and added to Interest on Fixed Deposit if given. Accrued on fixed deposit is also shown in the Asset side of the Balance sheet.
If you have chosen the auto-renewal option while opening your FD, you can modify it before your deposit matures. You can visit your bank branch and change the mandate before your deposit maturity date. Do remember once the fixed deposit is up for renewal after the maturity date, you will not be able to change it.