Upon maturity,
| FD Returns | Gold Returns | |
|---|---|---|
| Returns Managed by | FD Bank | zeed |
| How to Redeem | Interest+principle will be transfer to your bank acc | Your gold return will be available on the zeed app |
| Returns | FD Interest | Gold Gain |
| Redemption Methods | FD Interest is Credited as Cash | Gold Gain can be redeemed as Cash, Coin or Jewellery |
Premature Withdrawal,
| FD Returns | Gold Returns | |
|---|---|---|
| WithdrawalAllowed | After 7 Days | After 7 Days |
| Penalty on Invested amount | No Penalty | No Penalty |
| Penalty onInterest Earned | 1% less than the rate for the time the FD was active Or1% less than the booked rate, whichever is lower. | Gold gain is available only on maturity. For pre-closure, you receive only FD interest. |