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This document is a request form for the renewal or closure of Fixed Deposit accounts at ICICI Bank Limited, including details about account holders, account numbers, and terms related to closures

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How to fill out fixed deposit renewal closure

01

Check the maturity date of your fixed deposit.

02

Visit the bank or financial institution where your fixed deposit is held.

03

Bring necessary documents, such as your identification and deposit receipt.

04

Notify the bank staff that you wish to renew or close your fixed deposit.

05

If renewing, select your preferred tenure and interest rate.

06

If closing, fill out any required forms for the closure process.

07

Submit the completed forms and follow any additional instructions given by the staff.

08

Receive a confirmation of the renewal or closure.

Who needs fixed deposit renewal closure?

01

Individuals or entities with fixed deposits nearing maturity who want to continue earning interest.

02

Investors looking to access funds for other financial commitments.

03

Account holders who wish to consolidate their investments or change their financial plans.

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What is fixed deposit renewal closure?

Fixed deposit renewal closure refers to the process of terminating a fixed deposit account upon its maturity and opting to renew it for another term or withdrawing the funds.

Who is required to file fixed deposit renewal closure?

Individuals or entities who have a fixed deposit account that is due for maturity and wish to either renew the deposit or close the account must file a fixed deposit renewal closure.

How to fill out fixed deposit renewal closure?

To fill out a fixed deposit renewal closure, one must typically provide details such as account number, renewal term, amount, and new interest instructions on the designated form provided by the bank.

What is the purpose of fixed deposit renewal closure?

The purpose of fixed deposit renewal closure is to ensure that customers can seamlessly transition their funds into a new term deposit or receive their funds back if they choose to close the account.

What information must be reported on fixed deposit renewal closure?

Information that must be reported includes the depositor's name, account number, maturity date, amount to be renewed or withdrawn, and any new terms related to the renewal.

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