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SBI Flexi Deposit Scheme: Interest Rates And Other Details

SBI's scheme also offers loan facility, nomination facility and passbook facility.
SBI's scheme also offers loan facility, nomination facility and passbook facility.
SBI or State Bank of India offers Flexi Deposit Scheme which is similar to a recurring deposit (RD) account. Under SBI's deposit scheme, instead of a fixed instalment every month, an investor can decide to change the amount of instalment every month, and even the number of monthly instalments, according to SBI's website - sbi.co.in. However, the flexibility in the amount and number of instalments should be within the annual sum defin...
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