My query is as under :
One of my customer wants to give LIEN FDR in favour of our company. Now I have few questions
1. In case we want to encash the same before maturity , can we do. Wht will be procedure in general.
2.Whether it will get re newd automatically..
3. What will happen to the ineterest part. Whther it will be added to the FD amount on renewal or will be paid back to the person who is given the FD.
This arrangement is against the BG is to be given.