Bank of India Sweep Account

I want to open Super Saving Plus Account in Bank of India. I want to know about Sweep in and Sweep out facility for this type of account. So can anybody tell me about limit of Sweep in and Sweep out facility of Super Saving plus Account of Bank of India?

[Rajkumar Agarwal]

The Bank of India provides Sweep in and Sweep out facility for its Super Saving Plus Account.

Features of Super Saving Plus Account of Bank of India

Name of Scheme
Super Saving Plus

Scheme available at br.
all CBS branches

Eligible
All those who can open SB A/c can open this a/cs

Initial Deposits
20 lacs

Avg. quarterly balance
5 lacs

Sweep in (Transfer Back to SB/CD A/c from TDR))
Daily

Sweep out (Transfer from SB/CD to TDR)
15 days

Multiple Amount sweep out
15 lacs

Period of Deposit
Less than 6 months

Interest Rate
As applicable to deposit of Rs15.00 lacs & above

Charges of non-maintaining Avg. quarterly balance
Rs. 500/- per quarter

Premature withdrawal
Sweep in allowed daily

Advance available
No advance available

Product available specially to BOI customers
BOI-National Swasthya Bima Yojana floter mediclaim policy of NICL available at low premium

Nomination facility
Available as per the prevailing banking norms

Helpline:
Call at Tele No - (022)