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<h1>Premature deposit repayment: interest rate reduced on early withdrawal, with specified statutory and emergency exemptions.</h1> Premature repayment after six months but before maturity requires a one per cent reduction in the interest rate the company would otherwise pay for the period the deposit ran, and the company shall not pay interest at a rate higher than the reduced rate. Exemptions apply where early repayment is made to satisfy statutory repayment obligations or to provide war risk or related benefits to armed forces personnel during a declared emergency. If an eligible company permits renewal before maturity for a higher rate and the renewal complies with rules and extends beyond the unexpired period, the higher rate must be paid. Fractional years are rounded for computation.