Bail bond

Hello,

1.            You should have asked for receipt from court if not done before can ask now.

2.            Generally online  FD are operate as per instruction of account holder, if no option is given for reinvestment then FD will automatically credited to your saving account after maturity period is over.

3.            When your friend is acquitted /discharge from case.

Deepak ji

Thanks for the reply.

1. But if the trial is ongoing and the FD expires and I do not renew the same FD, then what can be the repercussions on me and my friend.
2. Also if the person is convicted then do I loose the amount I have paid as a surety.

Please suggest.

Hello,

1.      Either bank will renew your FD or credit it to your saving account there is no other case possible.

2.      Your FD is for surety that accused will be present in court during the proceeding it nothing to do with whether accuse is guilty or not, you will get you FD in both case guilty or acquittal.

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