https://www.taxtmi.com/news?id=51667 Axis Bank's Lock FD feature prevents premature closure of term deposits via Mobile or Internet Banking by disabling digital closure once activated; premature closure then requires an in branch visit with identity verification. The option is activatable through the bank's mobile app or any branch and is presented as an anti fraud measure to protect customers and complement other authentication enhancements such as In App Mobile OTP. en-us Wed, 06 Aug 2025 11:31:04 +0530 Wed, 06 Aug 2025 11:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51667 Axis Bank's Lock FD feature prevents premature closure of term deposits via Mobile or Internet Banking by disabling digital closure once activated; premature closure then requires an in branch visit with identity verification. The option is activatable through the bank's mobile app or any branch and is presented as an anti fraud measure to protect customers and complement other authentication enhancements such as In App Mobile OTP. News - Wed, 06 Aug 2025 11:31:04 +0530 https://www.taxtmi.com/news?id=51667