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Image  Savings Flexi Deposit Scheme (SBNFD)

Features:

Eligibility

Other than Government Department bodies who are eligible to open savings bank accounts.

Minimum balance in SB

Rs 50,000/-

Sweep Out amount

Minimum of Rs 10,000 and in multiples of Rs 10,000 Up to Rs 1 Crore per day.

Periodicity of Sweep out

Daily

Sweep in amount

Rs.5,000/ and in multiples of Rs 5,000/-

Period of Term Deposit

46 days to 1 year

Debit Card

Free

ATM Access at own bank ATM

First 8 transaction (financial + non-financial) per month Free

ATM Access to other Bank ATM

First 3 transaction (financial + non-financial) per month at Metro or first 5 transactions (financial + non-financial) per month at other centres are Free

ATM Cash Withdrawal Limit

Rs 25,000/- Per day

ATM POS Limit

Rs 50,000/- Per Day

Personalized Cheque Leaves

60 leaves per year FREE.

RTGS, NEFT

Unlimited FREE

Penalty for non-maintenance of min balance

NIL


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