How to Close IDFC Bank Fixed Deposit (FD) Online

Securing funds in Fixed Deposits (FDs) offers the assurance of returns, but life's unpredictability may necessitate premature access to these funds. IDFC Bank, renowned for its customer-centric services, provides a streamlined process for those wishing to break their FDs.

Whether it's an unexpected expense, a lucrative investment opportunity, or any other pressing need, understanding the nuances of breaking an FD with IDFC Bank becomes crucial. This blog sheds light on the step-by-step procedure, offering insights to ensure you make informed decisions without unforeseen hitches. Navigate the financial waters with ease by diving into this comprehensive guide. Let's get started!

Online Banking

• Access your IDFC Bank online banking account.
• Navigate to the section titled 'Fixed Deposits'.
• Search for an option like Premature Withdrawal'.
• Pick the FD you're considering terminating early.
• Review all details and proceed as guided to finish the withdrawal.

Via the Mobile App

• Launch the IDFC Bank mobile application.
• Head to the section dedicated to FDs.
• Opt to end or pre-close the FD.
• Identify and select the FD you want to break.
• Adhere to the guidelines shown to wrap up the procedure.

Directly at the Bank

• Drop by your local IDFC Bank outlet.
• Discuss your intention to pre-close the FD with a bank representative.
• They'll hand over a form for you to complete and return.
• Be prepared to show the FD document or any other related identification.
• The amount will be routed to your primary bank account linked with the FD upon processing.

Through Phone Assistance

• Some banks, including IDFC, might allow for FD-related queries over a call. Dial the customer service of IDFC Bank to check if they provide assistance with FD pre-closure via this method.