New Delhi, Oct. 18 -- A fixed deposit offers predictable returns over a specified tenure, making it a preferred investment option for traditional or risk-averse investors. However depositors may sometimes fail to claim their maturity proceeds on time if they overlook bank notifications or do not receive them at all.

In such cases, the accumulated corpus does not simply disappear but the returns on the amount after maturity may differ from the original FD rate, depending on the bank's rules and whether the deposit was set up for automatic renewal.

A matured fixed deposit may be repaid to the depositor or renewed depending on the instructions recorded for the deposit. Here's what happens to your money in different scenarios if you do not ...