The withdrawal process covers Maturity Withdrawals, Early Withdrawals, Fund Transfer, and Portfolio Closure.
Withdrawal Overview
Investment withdrawals allow customers to access their invested funds and accrued interest. The process varies based on investment type, maturity status, and product terms.Phase 1: Maturity Withdrawal
1.1 Automatic Maturity Processing
When an investment reaches maturity, funds become available for withdrawal.Maturity Withdrawal Steps
Calculate Final Amount
System calculates:
- Principal Amount: Original investment
- Accrued Interest: Total interest earned
- Total Payable: Principal + Interest
For fixed-term investments, funds are automatically credited to the wallet upon maturity. No customer action is required.
Phase 2: Early Withdrawal
2.1 Request Early Withdrawal
Some investment products may allow early withdrawal before maturity, subject to terms and conditions.Early Withdrawal Considerations
- Product Terms: Check if early withdrawal is allowed
- Penalties: May incur penalties or forfeit interest
- Processing Time: May take longer than maturity withdrawals
- Partial Withdrawal: Some products may allow partial withdrawals
Phase 3: Withdrawal to Wallet
3.1 Fund Transfer Process
Withdrawn funds are credited to the customer’s investment wallet.Wallet Credit Details
- Automatic Credit: Funds are automatically credited to the investment wallet
- Balance Update: Wallet balance is updated immediately
- Transaction Record: Withdrawal transaction is recorded
- Notification: Customer receives confirmation notification
Withdrawn funds are credited to the same wallet used for the investment. Customers can then transfer funds from the wallet to their bank account if needed.
Phase 4: Portfolio Closure
4.1 Close Investment Portfolio
After withdrawal, the portfolio is closed and moved to investment history.Portfolio Closure Steps
Record Final Amount
System records:
- Final withdrawal amount
- Total interest earned
- Investment duration
- Withdrawal date
Withdrawal Types
Automatic Maturity Withdrawal
- Trigger: Investment reaches maturity date
- Process: Automatic, no customer action required
- Timing: Processed on maturity date
- Amount: Full principal + accrued interest
Manual Early Withdrawal
- Trigger: Customer request before maturity
- Process: Requires customer action via API
- Timing: Processed upon request
- Amount: May be reduced by penalties
Partial Withdrawal
- Availability: Depends on product terms
- Process: Customer specifies withdrawal amount
- Portfolio: Remains active with reduced balance
- Interest: Continues to accrue on remaining balance
Withdrawal Flow Diagram
Key Concepts
Maturity Date
- Fixed Term: Investments have defined maturity dates
- Automatic Processing: Matured investments are processed automatically
- No Action Required: Customers don’t need to request maturity withdrawals
- Full Amount: Full principal and interest are paid at maturity
Early Withdrawal Terms
- Product-Specific: Terms vary by investment product
- Penalties: May include penalties or reduced interest
- Processing: May require manual review
- Availability: Not all products allow early withdrawal
Withdrawal Amount Calculation
- Principal: Original investment amount
- Accrued Interest: Interest earned to date
- Penalties: Deducted for early withdrawals (if applicable)
- Total Payable: Final amount credited to wallet
Learn More
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View Process Flow
See the complete investment process flow.