| 1st November 2016 05:36 PM | |
| shikha | Re: Erd sbi Recurring Deposit of State Bank of India SBI is a product to provide a person with an opportunity to build up saving through regular monthly deposits of fixed sum over a period of time. Recurring Deposit Features – Monthly deposits of Minimum Rs.100/- and in multiples of Rs 10/- No maximum. Minimum period 12 months maximum 120 months. Rate of interest as applicable to Bank's TDR / STDR for the period of the RD Loan / Overdraft up to 90% available against the balance in RD account. Premature withdrawal allowed and for this, rules for TDR/STDR is applicable. Nomination facility available and it is advised to avail of the facility. Passbooks are issued Most Important Terms & Conditions Penalty charges for non-Deposit of monthly instalments: For a/c of period 5 years and less --Rs. 1.50 per Rs. 100/- per month For a/c of period above 5 years- Rs. 2.00 per Rs. 100/- per month Instructions for disposal of maturity proceeds are accepted at the time of opening of accounts. Contact- Toll free number: 1800 11 2211 Toll free number: 1800 425 3800 Toll number: 080-26599990 |
| 1st November 2016 05:17 PM | |
| Unregistered | Erd sbi I want to know the minimum deposits in Recurring Deposit ERD of State Bank of India SBI so can you tell me? |
