How SBI Savings Plus Account Can Help You Earn Higher Interest
Customers can now link their State Bank of India (SBI) Savings bank account to multi-option deposit account and earn higher interest, mentioned the official Twitter handle of country's largest lender - @TheOfficialSBI. According to SBI, a savings bank account linked to multi option deposit (MOD) account is called 'Savings Plus Account', wherein surplus fund above a threshold limit from the savings bank account is transferred automatically to term deposits opened in multiples of Rs 1,000. Customers can add more to their savings with SBI's savings plus account, the tweet added.
Link your Savings Bank account to Multi Option Deposit account and earn higher interest on surplus money! Visit: https://t.co/Mw00HXZX1N
All you need to know about SBI's Savings Plus Account:
#StateBankOfIndia #StateBank #SBI #SBISavingsBankAccount #SavingsBankAccount #MultiOptionDeposit #AutoSweepFacility #ATMCard #DebitCard pic.twitter.com/ccufUDhTeA— State Bank of India (@TheOfficialSBI) April 10, 2018(Also read:All About SBI Savings Account: Interest Rates, How To Apply And Other DetailsAlso read: SBI Savings Accounts Compared To Post Office Savings Accounts
Sr No. Particulars Rate of Interest 1 Saving Deposits Balance upto Rs. 1 crore. 3.50% p.a 2 Saving Deposits Balance above Rs. 1 crore. 4.00% p.a
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