About Term Deposit Premature Withdrawal

Premature withdrawal is when you withdraw your Term Deposit before its maturity date, as early as on the same day of its creation. If you have a premature withdrawal, all of the accumulated interest will be forfeited, and your principal will be disbursed to your Main Pocket.

You can withdraw your Term Deposit early by following these steps:
1. On your Term Deposit Pocket details page, tap the three-dots menu on the top right corner
2. Select the Withdraw and close Term Deposit option

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Create up to 60 Jago Pockets (bank accounts) without monthly admin fees to start saving, transacting, and managing expenses.

Open a Term Deposit in minutes directly from the app and get competitive interest. Withdraw your Deposit early (if needed) without penalties. Plus, there is a free quota for inter-bank transfers and e-Wallet top-ups up to 150x according to Account Level.

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