State Bank Of India - RECURRING DEPOSIT

Highlights

Safety
We understand the value of your hard earned money and continue to deliver on our promise of safety and security over two centuries.

Liquidity
Loan /overdraft facility: You can avail a loan/overdraft against your deposit.SBI provides you loan / overdraft upto 90% of your deposit amount at nominal cost.So you continue to earn interest in your deposit and still can meet your urgent financial requirements.

Transferability
Transfer of Recurring Deposit accounts between our wide network of branches without any charge.

Regular Instalments to your Account
Now you have motivation/compulsion to save a chosen amount every month and create a fund, which helps you to meet your future financial needs.

Recurring Deposits are available at all SBI Branches