How to Close RBL Bank Fixed Deposit (FD) Online

Fixed Deposits are often chosen for their security and predictable returns. However, there may come a time when you need to access your funds earlier than planned. Whether it's due to an unexpected expense or a change in financial strategy, breaking an FD can seem daunting. With RBL Bank, the process is designed to be user-friendly and transparent.

This guide walks you through the steps and considerations of breaking an FD at RBL Bank. By the end, you'll be equipped with the knowledge to make an informed decision and understand the implications of such a move.

When it comes to withdrawing your Fixed Deposit, you can do so online or offline.

For online FD withdrawal

• Visit the bank's website and log in to your net banking account with your credentials. 
• Select the 'Fixed Deposit' option under the account tab
• Click on the 'premature withdrawal' option. Your premature withdrawal details will appear on the screen, and you can select the desired account to transfer the funds. 
• Once you've confirmed the details, click 'Submit' to complete the withdrawal process.

For offline FD withdrawal

• Visit the nearest bank branch where you opened the account. 
• Be sure to bring along a duly filled withdrawal form, 
• A deposit certificate, ID proof, and photographs. 
• Once you've submitted and verified these documents, the funds will be transferred to your savings bank account.