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Can I place any Time Deposit Maturity Instruction before the maturity date?

April 26, 2017deposit instruction maturity maturity date time

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Can I place any Time Deposit Maturity Instruction before the maturity date?

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Yes. You can place Time Deposit Maturity Instruction before the date of maturity. Otherwise, the principle and accrued interest would be automatically renewed for the same tenor according to the prevailing interest rate upon maturity.