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By Hamid Khan Fixed Deposits (FDs) are a popular investment choice for individuals seeking safety, guaranteed returns, and minimal risk. While many investors are familiar with the process of opening an FD, understanding the renewal options and procedures is just as crucial for maximising FD returns. When an FD matures, investors can either withdraw their funds or renew the deposit. This article explores the available FD renewal options, procedures, and how to plan effectively to enhance your FD return. Whathappens when an FD matures?Withdrawal of funds: The investor can choose to withdraw both…

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