No. Bank of India does not alter material terms such as your Bank of India term deposit rate and interest payment frequency. But, they can change some conditions on your term deposit with 14 days’ notice.
Yes, provided that you give notice prior to the maturity date of your Bank of India term deposit. They can agree to pay you a portion of the deposit or all of what you paid. They can likewise pay you at a reduced rate depending on your agreement.
No. You cannot, in any way, sell your term deposit with Bank of India. If you think you can’t continue with the contract because of financial reasons, you can talk to any Bank of India representative and ask for an early termination where you can get a portion of the deposit upon agreement.
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