Can I prematurely close the Child Education Plan deposit?
Yes, the Child Education Plan can be prematurely closed. However, interest on Deposit shall be paid to the Depositor/s only for such period for which the deposit is maintained with ICICI Bank, instead of the entire tenure, at a rate which is applicable for such period and shall also be subject to deduction of applicable penal interest at such rate as may be specified by ICICI Bank.
Related Questions
- If my child is enrolled in Arborland Montessori Childrens Academy do I need to submit a another deposit for the Education Center?
- If a child’s individualized education plan (IEP) is written in May, 2005, under what statute will it be written?
- Can I prematurely close the Child Education Plan deposit?
