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FD auto-renewal: Your fixed deposit auto-renewed at a lower interest rate? Can you reverse it? Know here

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Summary

When a fixed deposit matures, the bank repays or renews it according to the depositor’s instructions. Here's whether you can reverse the auto-renewal after it happens.

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  1. Livemint Center IN
    FD auto-renewal: Your fixed deposit auto-renewed at a lower interest rate? Can you reverse it? Know here

    When a fixed deposit matures, the bank repays or renews it according to the depositor’s instructions. Here's whether you can reverse the auto-renewal after it happens.

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