Life Cycle
Learn about the different statuses a fixed deposit can have during its life cycle.
The figure below shows the life cycle of a fixed deposit.
Fixed Deposit Life Cycle
The table below shows the different statuses a fixed deposit can have during its life cycle.
| Status | Description |
|---|---|
| Account Activation Pending ( account_activation_pending) | The API call is successful, money has been deducted, the fixed deposit account number has been generated, and the request has been sent to our partner bank for processing. |
| Active ( active) | The create fixed deposit request has been processed by our partner bank. |
| Closed ( closed) | The fixed deposit has been closed and money has been credited to the savings or current account linked to the fixed deposit. |
Updated over 1 year ago