just a question, let's say i put X amount as FD for 1 month and before that 1 month, i got emergency and need to withdraw money is there any penalty?
Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.
Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.
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Nov 2 2012, 06:04 PM
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477 posts Joined: Nov 2007 |
just a question, let's say i put X amount as FD for 1 month and before that 1 month, i got emergency and need to withdraw money is there any penalty?
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Nov 2 2012, 06:28 PM
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477 posts Joined: Nov 2007 |
QUOTE(Gen-X @ Nov 2 2012, 06:23 PM) 100% got penalty - you will get your capital but no interest. means only lose the interest only right? no other penalty?What you should do is split the amount you have to several FD certs to minimize any damage. Example, you have RM10K, you can split it to 2 FD cert RM5K each. splitting into 2 cert is a good idea! |
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