What is Flexi Fixed Deposit? It is a type of a special fixed deposit scheme introduced by the top most banks of India and other countries in order to provide flexibility and convenience to its customers.
- E-SBI Flexi Deposit Frequently Asked Questions: How it is different from Recurring Deposit account? Unlike Recurring Deposit account, SBI Flexi Deposit offers flexibility in choosing the deposit amount within the minimum and maximum limits per financial year.
- ICICI Flexi Fixed Deposit Scheme. ICICI Flexi Fixed Deposit Scheme enables the saving and current account holders to open FD in the bank. Eligibility required to open flexi fixed FD in the bank: One must.
- Flexi Fixed Deposit Published at 2020-07-24 Amount 3 Month Term (per annum) 12 Month Term (per annum) R5 000 - R9 999 0.25% 1.00% R10 000 - R99 999 2.25% 2.50% R100 000 - R999 999 3.35%.
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NRE FLEXI FIXED DEPOSIT
This Deposit Scheme has integrated features of the Savings Deposit and Fixed Deposit. Through this scheme, you can enjoy the benefits like liquidity and ease of operation of savings account and higher returns on surplus funds like fixed deposits. The details of the scheme are as under: |
Eligibility | NRIs / PIOs/OCIs (other than person resident in Nepal and Bhutan) (Individuals from Pakistan require prior approval of RBI). |
Who can open this account? | Individuals |
Minimum balance in Savings Account | Rs. 50,000/- |
Sweep Out amount (From SB to Flexi Term Deposit account) | Rs. 10,000/- and in multiples of Rs. 10,000/- Upto Rs. 1 Crore per day |
Periodicity of Sweep out | Daily |
Sweep In amount ( From Flexi term Deposit to SB Account) | Rs. 5000/- and in multiples of Rs. 5000/- |
Period of Term deposit | 1 year |
Free benefits |
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*Please note that the free benefit will be available only when the minimum balance is maintained at the time of event. | |
Rate of Interest
As applicable to Savings Bank Deposit and Fixed Deposit in force from time to time. Interest will be paid on a quarterly basis on the Fixed Deposit and credited into Savings Deposit Account.
Maybank Flexi Fixed Deposit
Other Features:
- A passbook will be issued to the depositor with all the details of SB Flexi Account, the linked FD Flexi Account.
- No separate Deposit receipt shall be issued by the bank for the Union Flexi Deposit Scheme.
- Nomination facility Available
- No Loan/Overdraft/Lien will be permitted against the linked FD Flexi Account under this scheme
