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You need to visit the bank branch where you have the account and submit a request in writing to close the account. You would have to submit the FD Receipt before the bank accepts your request. The bank will process the request and pay you the money that is present in the FD account.

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14y ago

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How do you write letter for bank fixed deposit?

I want letter for bank fixed deposit


What is a procedure of opening fixed deposit?

Visit the bank where you want to make the deposit. If you have an account with the bank then it is easier to open the account. Else you may have to provide an address and identity proof. The bank would want you to fill in a deposit form with the details of the amount you want to deposit and the duration. Once you do that and pay the cash to the teller, you are done.


I want to open a fixed deposit account. How do I go about it?

If you want to open a fixed deposit account you should go to the concerned bank or meet a professional from there. They will usually provide a dedicated relationship manager who will provide the necessary help in this matter.


How can a student get a credit card?

First you please open the account and you do fixed deposit. Ask the manager to want a credit card.


I want to invest in something that will give me good returns but has no risk of losing money.?

You should open a fixed deposit account as in this kind of an account you deposit money for a stated period of time and a fixed interest rate is paid at the end of the tenure. It is not affected by fluctuations in the money market.


Define a reccuring deposit?

The Recurring deposit account is an account in the bank (or a Post office in some countries) where an investor deposits a fixed amount of money every month for a fixed tenure (mostly ranging from one year to five years). This scheme is meant for investors who want to deposit a fixed amount every month, in order to get a lump sum after some years. The small monthly savings in the Recurring Deposit scheme enable the depositor to accumulate a handsome amount on maturity. Interest at term deposit rates is computable on quarterly compounded basis.


What are recurring deposit accounts?

The Recurring deposit account is an account in the bank (or a Post office in some countries) where an investor deposits a fixed amount of money every month for a fixed tenure (mostly ranging from one year to five years). This scheme is meant for investors who want to deposit a fixed amount every month, in order to get a lump sum after some years. The small monthly savings in the Recurring Deposit scheme enable the depositor to accumulate a handsome amount on maturity. Interest at term deposit rates is computable on quarterly compounded basis.


If your car was badly damaged and your dont want it fixed can you get it totaled?

you can sell int for scrap at a scrap yard.


Can animal hospitals give away pets?

If the animal is fixed and not wounded and somebody want it they can check it over and then sell it to them


Can you be sued for taking a deposit on a car sale and then selling to someone else?

Yes, you can. You violated the contract that was established by taking the deposit. Unless there was some restrictions on the deposit such as You have to confirm that you want to purchase within 5 days, or you have 10 days to present the rest of the money, otherwise I can sell to someone else.


Disadvantages of savings bank account?

Actually there are no disadvantages of having a savings account. Saving money is a good habit and keeping it in a bank account is even better because it will earn you an interest. The only downside is that the interest earned in a savings account is much much lesser than a fixed deposit but nonetheless the money is liquid and you can take it anytime you want, which isn't the case with a fixed deposit.


How do you deposit money Mafia Wars?

to deposit money in the bank you need more than what you want do deposit because the bank charges 10% of what you deposit. for example you want to deposit 1000000 dollars, you must posses 1100000 dollars to have the 1000000 dollars put in the bank.