What is the procedure of closing the fixed deposit account on maturity?

To close a fixed deposit account on maturity, the account holder typically needs to visit the bank branch or use online banking services. They should provide the necessary identification and complete any required forms for closure. Once the procedure is initiated, the principal amount along with the accrued interest will be credited to the linked savings account or disbursed as per the account holder's instructions. It's advisable to check for any specific bank policies or requirements before proceeding.