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Stephenmarks (Accounts & HR Supervisor)     15 August 2025

Opened a 5year it saving fd by mistake. bank not helping

Respected Experts

I wanted to secure a 1 lac rupee for a short term and tired to create a FD in IOB mobile app. I choose a option that poped out and created FD thiniing that i can close any time. Later after a week I tried to close. But the app doesn't allow. I went to bank they said it has 5 year lockin period so they cannot close. I explained my mistake and I was in an emergency financial need. But even after repeated visiting, complaints I got no help.

It was not a planned investment. I choose by mistake. I need that funds. I don't know what to do next. Please guide me.



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