While most people invest in FDs with long-term objectives, some might have to liquidate their investments before the end of the tenure in emergency cases. Certain banks permit customers to break their FDs prematurely without penalty if they reinvest their savings with the same bank again.
As an investor, it is crucial to check the penalty charges that will be implied in case of premature liquidation of an FD.
If you wish to invest wisely, make sure you keep a check on the things mentioned in the above list. Notably, financial decisions should always be made smartly.