Pushpak Lal (Student CA Final ) (286 Points)
25 March 2016
Deepak Parsai
(Future CA)
(623 Points)
Replied 25 March 2016
No, now if you break fd then you have to pay penal interest about to 1 to 1.5%.
If you are bank staff member, I mean if your account is open under staff member only then you can take this benefits.
Pushpak Lal
(Student CA Final )
(286 Points)
Replied 25 March 2016
Okay. So you mean that, if in the same case if rate changed to 8 %, then i ould still continue to receive 8.5% till the FD Matures?
CAclubindia
