As per the guidelines by RBI, depositors may withdraw the full amount of small deposits (up to Rs 10,000) within three months of depositing without accruing any interest. For larger deposits, partial withdrawals of up to 50% of the principal amount or Rs 5 lakh (whichever is lower) are permitted within three months without interest.

Gift: From January 1, 2025, RBI introduces revised regulations for fixed deposits from NBFCs and HFCs. Notable changes include early withdrawal options for emergencies, a shorter maturity notification period,

The revised guidelines, announced in August this year, include acceptance of public deposits like those relating to nominations, repayment of public deposit to meet certain expenses of an emergent nature,