#1
October 12th, 2016, 11:57 AM
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State Bank Of India Scheme For Fixed Deposit
I want to know more about Flexi Fixed Deposit Scheme of State Bank Of India, so that I can remember?
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#2
October 12th, 2016, 01:29 PM
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Re: State Bank Of India Scheme For Fixed Deposit
As per reference I will let you know more about State Bank Of India, Flexi Fixed Deposit Scheme so that you can remember easily. Here are some details 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. Quarterly compounded Interest. 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. Terms and Conditions Minimum deposit amount - Rs. 5,000/- per Financial Year (plus in multiples of Rs. 500/-) minimum of Rs. 500/- at any one instance. Deposits can be made anytime during a month and any number of times. Penalty for default in payment of minimum deposit will be Rs.50/- per Financial Year. Tenure: Minimum - 5 years, maximum - 7 years. Maximum deposit amount - Rs.50,000/- in a Financial Year. Tax Deduction at Source Loan Facility as applicable to Term Deposits. Nomination facility available Address:- State Bank Of India 3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange Phone:- +(91)-80-26599990 18004253800,1800112211 |
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