Breaking a Fixed Deposit

[EB24]

Hi Guys,

So I am expecting an ITA somewhere in Feb or March 2020. I have the required amount that CIC needs as an FD. Next month the amount will mature and I will be adding some more funds and again be keeping it in the same account for POF. (The account won't change, it's the same one). Since it won't reflect in my account as a 6 month old FD, what should I do ??

 

[lampbreaker]

That will be fine. Just keep all documentation and provide it with letter of explanation.

 

[EB24]

That will be fine. Just keep all documentation and provide it with letter of explanation.

Thanks a ton for your quick response. But I quite worried.
I've heard that if you're showing a FD as POF, it should be 6 months old. Should not pose a problem in my case right, since these funds have been in my account over a year!

Also, providing an LOE will definitely help right ?

 

[lampbreaker]

Provide all documentation (previous FD and new FD both)