Interest earned is calculated as follows:

Interest earned = Prevailing Interest rate x Principal amount x (No. of days Fixed Deposit is held/365 Days)
The interest will be computed up to one day before the date of maturity. Both the principal and interest amount will be credite dinto the Cash Investment account on maturity day end. Thus, interest will be accrued based on the prevailing rate of the Cash Investment account.

You may wish to perform a subsequent Fixed Deposit placement one day after the date of maturity.
The interest rate applicable on the Fixed Deposit will be determined upon placement. Please refer to the options of "Tools & Info", followed by "Rates" in our website for the prevailing rates.

Upon maturity of the fixed deposit, the principal amount of the Fixed Deposit and any interest thereon up to the date of maturity shall be transferred to your Cash Investment Account.

Withdrawal Prior to the Maturity Date
Logon to Investment Account and select the 'Premature Withdrawal' before the maturity date.
A service fee will be imposed for premature withdrawals. Effective 1 April 2005, the service fee shall be calculated with reference to interest earned. The interest earned may be partially or fully forfeited from the proceeds upon premature withdrawal and calculated as follows:

Exemptions
If the proceeds withdrawn are immediately used for the subscription of unit trusts from finatiQ, the service fee will be waived. Customer can choose to invest the full amount in one or several unit trust subscriptions.