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An FDR plan allows you to deposit a fixed amount of funds for a set period of time. In return, you earn interest at a specified rate. Each plan has its own rules regarding lock-in period, maturity, cancellation, and fund management.

Yes, depending on the plan. Some plans allow fixed-time cancellation with a specific charge, while others allow anytime cancellation with a percentage penalty. High-value plans like Elite Secure may not allow cancellation at all.

This depends on the plan you choose:

Non-compounding: You receive interest payouts at intervals (e.g., monthly).

Compounding: Interest is added back to the principal, growing your balance faster over time.

Yes, certain plans allow you to increase your deposit by adding new funds (either fixed or unlimited). Some also allow partial withdrawals (decrease) with charges. Check your specific plan details for limits and charges.

Some plans have a maturity fee, which is a small percentage of your total maturity value, while others do not. Always review the plan details before investing.

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