The Reserve Bank of India (RBI) has introduced new Fixed Deposit (FD) rules, effective from January 1, 2025, aimed at enhancing liquidity and depositor protection. Changes include easier premature withdrawals, full access in medical emergencies, and quicker maturity notifications. With the repo rate cut to 6.25%, FD interest rates might change. This article breaks down everything you need to know to maximize your FD benefits.
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