#AxisBank #LockFD #DigitalBankingSecurity #FixedDeposit #CyberFraudProtection #SecureBanking #FDProtection #BankingInnovation #FinancialSecurity #DigitalIndia

#AxisBank #LockFD #DigitalBankingSecurity #FixedDeposit #CyberFraudProtection #SecureBanking #FDProtection #BankingInnovation #FinancialSecurity #DigitalIndia Chandigarh – In a move aimed at enhancing customer protection and trust in the digital age, Axis Bank, one of India’s leading private sector banks, has announced the launch of an innovative and industry-first feature – ‘Lock FD’. This new security mechanism is designed to protect term deposits (Fixed Deposits or FDs) from being prematurely closed through online platforms, thereby reducing the risk of cyber frauds and unauthorized withdrawals. What is the ‘Lock FD’ Feature? The ‘Lock FD’ feature gives Axis Bank customers the ability to restrict the premature closure of…