INSUBCONTINENT EXCLUSIVE:
In SBI's Flexi Deposit Scheme premature withdrawal is allowed.
SBI or State Bank of India, the
country's largest lender, offers the option of opening a flexi deposit account under its personal banking portfolio
SBI's flexi deposit scheme is similar to recurring deposit (RD)
However, in case of a flexi deposit, instead of a single fixed instalment every month, one can decide to vary his/her instalment amount and
even the number of monthly instalments, within the annual sum defined, according to the bank's official website-sbi.co.in
All resident individual customers including minors are eligible for this scheme
