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SBI Flexi Deposit Scheme: Tenure, Interest Rates And Other Details

SBI's flexi deposit scheme also offers loan facility, nomination facility and passbook facility
SBI's flexi deposit scheme also offers loan facility, nomination facility and passbook facility
SBI or State Bank of India, the country's largest lender, offers Flexi Deposit Scheme which is similar to a recurring deposit (RD) account. In SBI's flexi deposit account, instead of a fixed instalment every month, a person can decide to change the amount of instalment every month, and even the number of monthly instalments, according to SBI's official website, sbi.co.in. However, the flexibility in the amount and number of instalmen...
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