I have a recurring deposit set up and I'm wondering if there's an option to pause or temporarily stop the deposits for a while. I need to know if this is possible and how to do it.
7 answers
BenjaminMoore
Mon Dec 02 2024
The Recurring Deposit account features a specific lock-in period.
KpopStarlight
Mon Dec 02 2024
One of these consequences is that no interest will be paid to the depositor.
Nicolo
Mon Dec 02 2024
This period is set at a minimum of one month.
CryptoWarrior
Mon Dec 02 2024
Depositors need to understand the implications of this lock-in period.
Eleonora
Mon Dec 02 2024
If the account is closed prematurely within this one-month period, there are consequences.