sbm bank is giving 7.15% for one year is 0.25% extra because of ind app? + @flawlessking

7.35% on IND Super Saver FD till 21st March 2022
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Fixed deposit in IND Super saver FD by SBM bank. 0.5 extra for Senior citizens. Till 21st March 2022
kukdookoo wrote:sbm bank is giving 7.15% for one year is 0.25% extra because of ind app? + @flawlessking
I think 7.35% is for 2 years either via this or sbm directly
Isse Accha toh Onecard hai. 7% around deta hai. + CC with some good offers.
SandipxDip wrote:Isse Accha toh Onecard hai. 7% around deta hai. + CC with some good offers.
Yes I think one card with fd is also with sbm as partner. But some might have one card already without fd
kukdookoo wrote:sbm bank is giving 7.15% for one year is 0.25% extra because of ind app? + @flawlessking
Yes bro. Via app it’s extra.
SandipxDip wrote:Isse Accha toh Onecard hai. 7% around deta hai. + CC with some good offers.
Aur information dijiye bro…
Random123 wrote:Sorry not sure but I think you can open via this ind money app without any banking relationship.
SBM will be levying put option charges of 1% on any premature withdrawal of Term Deposit including large value deposits. Put option charges will be levied on the original rate for tenor for which deposit runs with the bank. |
kukdookoo wrote:what are put option charges?
SBM
will be levying put option charges of 1% on any premature withdrawal of
Term Deposit including large value deposits. Put option charges will be
levied on the original rate for tenor for which deposit runs with the
bank.
Basically premature withdrawal charge only, standard is 1% for most banks. It is levied on the FD rate which you are supposed to get for the period you kept the money in FD before breaking it so for example if you create a FD for 1 year at 6% & break it after 6 months then you will get 5(6 months FD rate)-1(premature withdrawal charge)=4% interest.
flawlessking wrote:Sorry, I am not sure what it exactly means
.
Can anybody help?
you quoted your own reply
flawlessking wrote:Glitch? I qouted u…
yes
what that means is explained here https://www.desidime.com/discussions/7-35-on-in...
@ Ramdon123 still ask the bank about put option charges?
kukdookoo wrote:yes
what that means is explained here https://www.desidime.com/discussions/7-35-on-in...
@ Ramdon123 still ask the bank about put option charges?
Thanks for the info. ❤️
kukdookoo wrote:yes
what that means is explained here https://www.desidime.com/discussions/7-35-on-in...
@ Ramdon123 still ask the bank about put option charges?
Hi, I think in general premature withdrawal works as what @guest_999 has mentioned but haven’t done it as of now for this bank, so sorry no idea about it
Random123 wrote:Hi, I think in general premature withdrawal works as what @guest_999 has mentioned but haven’t done it as of now for this bank, so sorry no idea about it
what i mean paji is ask their customer care when u have time aur pta chale these are their additional charges.
chotabaxxa800 wrote:can you operate sbm account from sbm internet banking or you have to use third party app like vested ?
upi etc working for sbm ?
yes can use sbm internet banking. But I haven’t been able to use sbm since I don’thave a debit card and can’t set UPI PIN
Did you or anyone opened a FD with 7.35% interest?
Is the FD visible directly from SBM account??
InvestPotato wrote:
Did you or anyone opened a FD with 7.35% interest?
Is the FD visible directly from SBM account??
Yes you can view it in SBM app as well.
JaiKrish1031 wrote:Yes you can view it in SBM app as well.
What all KYC details INDMoney take while signup?
For me it was just PAN card and Selfie. Not even aadhar. I see some red flags.
JaiKrish1031 wrote:Yes you can view it in SBM app as well.
Also, there are 2 apps for SBM,
SBM Mobile Banking
SBM Bank India Limited.
Which one is the official app?
InvestPotato wrote:Also, there are 2 apps for SBM,
SBM Mobile Banking
SBM Bank India Limited.
Which one is the official app?
SBM Mobile Banking Private Wealth in Playstore SBM BANK India Ltd black with gold icon
