- Personal Banking
- Business Banking
- NRI Banking
- Financial Inclusion
BMB Flexi RD
- Can be opened individually, jointly, by a minor U/G, In the names of clubs, associations, eligible institutions.
- Can open more than one recurring deposit account.
- Investment term:- Min. 1 Year and Max. 10 Years
- The depositor to choose the core monthly installment and the period. The minimum amount of core monthly installment Rs.100/- or higher in multiples of Rs.100/- with a maximum of Rs.1,00,000/- per month.
- Flexibility of depositing monthly installment amount, by way of Step Up & Step Down options.
- Can remit up to 10 times of the Core amount in monthly installment once in a month.
- As applicable to FDR.
- No penalty if installment is paid on or before the last day of the respective month.
- At the discretion of the bank, a loan not exceeding 85% of the amount deposited may be allowed to the depositor. The minimum loan amount is Rs.5000/-.
- *T & C Apply.