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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 |
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