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June 12th, 2016, 03:27 PM
Super Moderator
 
Join Date: Mar 2012
Re: Union bank of India Sweep Account

Hey as per my idea yes Union Savings Flexi deposit scheme offer sweep features and here I am giving you its details

Fees for sweep out
10,000(Initially/very first term deposit will be a minimum of 10,000 and thereafter in multiples of 10,000 i.e.10000, 20000 and so on).The fixed deposit will be maintained in the system in the form of units of 10,000

Fees for sweep in
In multiples of 5,000

Eligibility for Union Savings Flexi deposit scheme

All individuals, singly or jointly who are eligible to open Savings A/C this scheme is also open to Non-Resident Indians who are eligible to open an account as per or existing rules and regulations

Features

Debit card is issued to all account holders without any charge.
Free Unlimited NEFT/RTGS facility
Free 5 Cheque Books per year

Period of Deposit
The Fixed period will vary between 46 days to 1 year. In case of NRI Deposit, minimum period will be one year.


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