{"id":401,"date":"2021-07-07T07:31:32","date_gmt":"2021-07-07T07:31:32","guid":{"rendered":"https:\/\/svendus.com\/blog\/?p=401"},"modified":"2021-09-13T07:10:43","modified_gmt":"2021-09-13T07:10:43","slug":"the-reserve-bank-of-india-rbi-has-changed-the-rules-for-fixed-deposits-term-deposits","status":"publish","type":"post","link":"https:\/\/www.svendus.com\/blog\/the-reserve-bank-of-india-rbi-has-changed-the-rules-for-fixed-deposits-term-deposits\/","title":{"rendered":"The Reserve Bank of India (RBI) has changed the rules for Fixed Deposits\/ Term Deposits."},"content":{"rendered":"\n<p class=\"has-text-align-left has-text-color\" style=\"color:#850b0b;font-size:25px;line-height:1.7\">               <strong>AS PER THE NEW RULE<\/strong>,<\/p>\n\n\n\n<p class=\"has-text-align-left has-text-color\" style=\"color:#850b0b;font-size:25px;line-height:1.7\"><br><strong>\ud83d\udc49<\/strong>Circular from RBI, fixed deposits will not be automatically renewed and such matured deposits will get savings bank interest rate. Hence all are requested to note due dates and get the receipt renewed on due date to avoid loss of interest.<\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#850b0b;font-size:25px;line-height:1.7\">RBI in its circular said that the new rule will be applicable to all types of banks &#8212; commercial banks, small finance banks, cooperative banks, local regional banks.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#7c0606;font-size:27px\">The circular for the same is attached herewith.<\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/www.svendus.com\/blog\/wp-content\/uploads\/2021\/07\/RBI-Circular-for-FD-and-TD.pdf\"><span style=\"color:#a90b0b\" class=\"has-inline-color\">RBI-Circular-for-FD-and-TD<\/span><\/a><a href=\"https:\/\/www.svendus.com\/blog\/wp-content\/uploads\/2021\/07\/RBI-Circular-for-FD-and-TD.pdf\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n\n\n\n<p class=\"has-text-color\" style=\"color:#850b0b;font-size:25px;line-height:1.7\">With Regards,<\/p>\n\n\n\n<p class=\"has-text-color has-extra-large-font-size\" style=\"color:#850b0b;line-height:1.7\"><strong>Anuj Rai Bansal<\/strong><\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#850b0b;font-size:25px;line-height:1.7\"><strong>B.Com, FCS, LLB<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AS PER THE NEW RULE, \ud83d\udc49Circular from RBI, fixed deposits will not be automatically renewed and such matured deposits will get savings bank interest rate. Hence all are requested to note due dates and get the receipt renewed on due date to avoid loss of interest. RBI in its circular said that the new rule&hellip; <a class=\"more-link\" href=\"https:\/\/www.svendus.com\/blog\/the-reserve-bank-of-india-rbi-has-changed-the-rules-for-fixed-deposits-term-deposits\/\">Continue reading <span class=\"screen-reader-text\">The Reserve Bank of India (RBI) has changed the rules for Fixed Deposits\/ Term Deposits.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":402,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/posts\/401"}],"collection":[{"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/comments?post=401"}],"version-history":[{"count":5,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/posts\/401\/revisions"}],"predecessor-version":[{"id":446,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/posts\/401\/revisions\/446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/media\/402"}],"wp:attachment":[{"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/media?parent=401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/categories?post=401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.svendus.com\/blog\/wp-json\/wp\/v2\/tags?post=401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}