If you withdraw your money before the maturity period, your account will be pre-terminated, and you will only earn a reduced interest rate of 0.25%. Additionally, you may be required to pay document stamp tax fees or other applicable penalties.
If less than 12 months (e.g. 6 months)
Amount Deposited x .0075 x 180 days divided by 365 days
1,000,000.00 x .0075 x 180 / 365 = 3,698.63
If full term (12 months)
1,000,000.00 x .0075 = 7,500.00
