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I've been trying to withdraw money from my Flexi Fixed Deposit (fdf) recently, and I'm exactly confused on the principles. Is there a limit to how much I can withdraw at once? And are there any fees associated with withdrawals beyond the common account charges?
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Seriously! I've been trying to withdraw a significant amount - around amount - but every time I've tried, it seems like there's a restriction. Is this a common concern, or is it just a temporary hold on my funds? Any insight into why those limits are in place would be helpful.
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I'm curious about the distinct withdrawal methods available - online transfers, cash withdrawals at branch, etc. Does each process have its own limitations regarding the amount you can withdraw? Are there any fees associated with specific withdrawal alternatives like those offered by banks that do not directly involve the Fdf?
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I've been looking into the terms and conditions of my Flexi Fixed Deposit. Are there any clauses on withdrawals that may well be challenging to circumvent or that could lead to unexpected fees? Could it be linked to specific account types or utilization patterns?
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My main concern is potential overdraft charges. If I try to withdraw more than the optimum permit, would I end up with a balance overdrawn and potentially incur hefty overdraft fees? Are there any strategies to proactively control my withdrawal limits and avoid those issues altogether?