State Bank Of India Flexi Account

Hii sir, I Wants to get the Information About the Flexi Deposit Scheme of the State Bank of I India ?

[pawan]

As you Asking for the Information About the Flexi Deposit Scheme of the State Bank of India the Information is given below

This product is similar to a Recurring Deposit but instead of a single fixed instalment every month, you can decide to vary your instalment amount and even the number of monthly, within the Annual sum defined.

Details of the Recruitment :

Minimum Instalment Rs. 500/-
Maximum Instalment 10
Minimum deposit amount Rs. 5,000/- in a Financial Year.

Maximum deposit amount Rs. 50,000/- in a Financial Year.

Deposit Frequency
Any number in a month and any time

Rate of Interest
As applicable to Term Deposits.

Tenure
Minimum tenor is 5 years and maximum is 7 years.

Premature withdrawal
Allowed. The rate applicable in case of premature withdrawal shall be 0.50% below the rate applicable for the period the deposit has remained with the Bank.

For more information you may Contact to the Nearest branch of the State Bank of India