Once the lock-in period of five (5) years (until December 31, 2029) for Fixed-Term Deposit (FTD) for Gelephu International Airport has concluded, both the Bank and the customers i.e. the Fixed-Term Deposit holder have the option to request a full or partial redemption of the Fixed-Term Deposits.

At this stage, no penalties will apply for any redemptions made. Customers can initiate a fixed-term deposit redemption request at any time after the lock-in period, provided they give the Bank at least 30 days’ notice. This flexibility allows customers to manage their investments according to their financial needs and market conditions.

For those opting for partial fixed-term deposit redemptions, it is important to note that the redemption amounts must be in multiples of USD 500. This stipulation ensures that redemptions are structured and manageable for both parties involved. If neither the Bank nor the customer chooses to redeem the FTD during this period, the Fixed-Term Deposits will automatically be redeemed at their Maturity Date, concluding the investment term. Thus, the end of the lock-in period offers a significant opportunity for customers to reassess their investment strategy and make informed decisions regarding their assets.