QUOTE(download88 @ Aug 24 2022, 11:39 AM)
Want to ask fd sifu if put bank rakyat 3.3% 12 months promo, and choose for interest to be received by monthly payment.
What if 7 months later suddenly need to use the fd as emergency fund and require to cash out, is there any penalty charge or deduction inquired?
While waiting for confirmed responses, if i can still remembered it correctly, previously someone mentioned, no penalty but just all the past interest that they had given you will be deducted. In short you will not get any gains from them for terminating your fd placement before the agreed terms (duration).What if 7 months later suddenly need to use the fd as emergency fund and require to cash out, is there any penalty charge or deduction inquired?
Aug 24 2022, 12:23 PM

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