A single account holder can withdraw a joint bank FD prematurely; here’s how it works, and should you go for it?

There could be a situation in the current pandemic where one of the holders is hospitalised and the other needs to draw the funds immediately for funding the medical expenses. So investors should be aware that some banks have started offering a solution.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/a-single-account-holder-can-withdraw-a-joint-bank-fd-prematurely-heres-how-it-works-and-should-you-go-for-it/articleshow/84967768.cms