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Yes Bank premature withdrawal penalty on FDs hiked to up to 1%; Check details

Yes Bank has increased the penalty for premature withdrawal from fixed deposits worth less than Rs 5 crore. The new penalty rates took effect on November 3, 2023, according to the Yes Bank website. ....

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Premature withdrawal of bank fixed deposit or a loan against FD: How to decide

Premature withdrawal of bank FD or loan against FD: It may not always be a prudent idea to break off years of savings especially when the money is locked in at an attractive rate and liquidation is likely to result in a significant loss. How to decide when to withdraw your deposit and when to take a loan against it? ET Wealth online explains ....

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