State Bank Of Mysore FD
 

Hii sir, I wants to know the Interest rates and the other Information About the Fixed Deposits of the State bank of India ?

Re: State Bank Of Mysore FD
 

State bank of Mysore has unique FD products that serve the investment and savings needs of a variety of investors.

the details of the Foxed Deposit Scheme is given below

Features

Nomination facilities
Single or jointly held fixed deposits
Free accident insurance of ₹ 5 lakhs under the Mybank Suraksha Time Deposit Account
No premature withdrawal charges if FD is held for a minimum of 7/15 days
Loans against fixed deposits


Eligibility

Wio Can Apply

There are schemes which can be availed by institutions, schools, corporates and individuals who are residents of India.

There are some schemes which a non-resident too can apply for. In the case of minors, guardians can apply for fixed deposits. :

Minimum And Maximum Amount

The minimum deposit that can be made with SBM under a term deposit scheme is ₹ 100 under the Recurring Deposit

The maximum amount that can be deposited in an SBM FD account is ₹ 50 Cr. under the ‘Centenary Liquid Term Deposit’ scheme


Interest Rates :
Interest rates vary according to the amount invested and range from 7.25% to 9%. Senior citizens get an extra 0.50% interest.

For More information you may Visit the nearest branch of the State bank of Mysore

For Any Queries :

Customer service: 1800 425 2244