Breaking the Old fixed Deposits- part 2

I just now went through an article from the economic times talking just about the last post i had on this ( not bad i say to myself- i seem to be ahead of the curve in thinking some of these things). Here's is my older post

-- LINK

here is the link from the ET
http://economictimes.indiatimes.com/personal-finance/fixed-deposits/why-you-should-not-pull-out-your-fd/articleshow/7240752.cms

Basically here's my two cents on this.

1. Negotiate the penalty on the breaking on the interest rates- get it reduced as much as possible
2. Some of the banks may not charge anything since you plan to deposit it back with them itself.


So go ahead- find out what makes sense for you.


Happy investing!!
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