|
#1
May 21st, 2015, 02:52 PM
| |||
| |||
| Flexi Deposit South Indian Bank
I want to do Flexi Deposit at South Indian Bank, so I want to know South Indian Bank Flexi Deposit interest rates, will you please provide here South Indian Bank Flexi Deposit interest rates & tell me from where I can get SIB Flexi Deposit application form???
|
|
#2
March 18th, 2017, 04:34 PM
| |||
| |||
| Re: Flexi Deposit South Indian Bank
Can you tell me about the features of SIB Flexi Deposit scheme of SIB (South Indian Bank)? Also tell me about the Interest Rates for the same?
|
|
#3
March 18th, 2017, 04:35 PM
| |||
| |||
| Re: Flexi Deposit South Indian Bank
The mission of SIB (South Indian Bank) is to provide a secure, agile, dynamic and conducive banking environment to customers with commitment to values and unshaken confidence, deploying the best technology, standards, processes and procedures where customer convenience is of significant importance and to increase the stakeholders’ value. General Features The features of SIB Flexi Deposit scheme of SIB (South Indian Bank) are as follows: • A fixed deposit linked to Savings Bank account. • Fixed Deposit maintained in units of Rs.1000/- • One can link any fresh flexi deposit to SB account • Fixed Deposit is broken automatically on a Last In-First Out basis and minimum units transferred to SB a/c when the SB balance falls in shortage. • Interest is paid out every quarter • TDS applicable Interest Rates Period Single Deposit less than Rs.100.00 lacs General Senior Citizens 7 days to 45 days 4.00% 4.50% 46 days to less than 1 year 6.00% 6.50% 1 year to 2 years 6.75% 7.25% Above 2 years to up to and incl.10 years 6.50% 7.00% Tax Gain 6.50% 7.00% Rates for single deposit of Rs.100 lacs & above and premature closure penalty thereon to be obtained from Head Office - (Treasury Dept.) on a daily basis |
| |