FOR CUSTOMERS WHO HAVE TAKEN SBI, READ A NEWS SCHEME,ACCOUNT HOLDER

 

FOR CUSTOMERS WHO HAVE TAKEN SBI, READ A NEWS SCHEME,ACCOUNT HOLDER 
If you are also the account holder of Indian State Bank (SBI), this news is of your work. The money deposited in a fixed deposit (FD) in a bank can now be done without breaking the FD. Till now, money was withdrawn by breaking the necessary FD funds, but under a new scheme of SBI, now you can easily get as much money as you want without breaking the FD and you will also get interest on it.

Interest will be available on withdrawal:
The country's largest bank, Indian State Bank (SBI), has launched a new scheme, which will benefit consumers. Under this scheme, you can earn enough money from the FD and you will get interest on the remaining money.

Rs 10000 FD:
The name of this scheme of SBI is a Multi-Deposit Deposit (MOD). Under this scheme, whenever you make FD, you can withdraw money anytime, but keep in mind that the money will be extinguished in multiples of 1000. At least 10000 rupees will be required to open this FD. MOD FD can be done at least 1 year and more for 5 years.

The scheme works as follows:
You can withdraw money from FD made with MOD scheme because this is linked to the savings account. If you do not have money in both these accounts, you will be able to withdraw money as required from MOD ie FD. You will get interest on the remaining rupees. However, consumers will have to do Minimum Balance Manton in the MOD Tink Account.
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