Can I withdraw my money from a guaranteed investment before maturity?

Guaranteed investments such as Fixed Deposits (FDs) or National Savings Certificates (NSCs) typically have a fixed investment period, during which the investor cannot withdraw the funds without penalty or losing interest. However, some financial institutions may offer premature withdrawal options with reduced interest rates or penalties.

If you need to withdraw your funds before maturity, it's important to check the premature withdrawal policy of the financial institution and the terms and conditions of the guaranteed investment. Some guaranteed investments may allow partial or complete premature withdrawal, while others may not allow any premature withdrawal at all.

In case of premature withdrawal, the financial institution may deduct a penalty or reduce the interest rate payable on the investment. The penalty or reduction in interest rate may vary depending on the investment period, the financial institution, and the type of guaranteed investment.

It's important to carefully consider the investment period and premature withdrawal options when investing in a guaranteed investment, as it may impact the returns and liquidity of the investment. If you anticipate needing access to your funds before maturity, it may be better to consider other investment options that offer greater flexibility and liquidity.