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SBI Flexi Deposit Scheme: Tenure, Interest Rates And Other Details
05 Feb 2019, 08:45 PM IST i


SBI Flexi Deposit Scheme: The rate of interest is same as applicable to fixed deposits (FDs).
SBI or State Bank of India, the country's largest lender, offers the option of opening a flexi deposit account, which is similar to a recurring deposit (RD) account. However, in case of a flexi deposit, instead of a single fixed instalment every month, one can decide to vary his/her instalment amount and even the number of monthly instalments, within the annual sum defined, according to the bank's official website, sbi.co.in. SBI cha...
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