Premature Withdrawals (effective 27 September 2018 until 31 December 2018)
Where a Flexi FD is uplifted, in partial or in full, before maturity the following rules shall apply:
a. No interest is to be paid on any other Flexi FD uplifted before the completion of three (3) months
b. Interest is payable for Flexi FD uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate for each completed month.
Premature Withdrawals (effective 1 January 2019)
No interest shall be payable on partially withdrawn amounts and premature withdrawals of Flexi FD.