Latest News Updates

Latest News    

Thursday 15 December 2011

How to Open Online Term Deposit Account in SBI

If you are having an account in State bank of India (SBI) and also having basic Computer knowledge and Internet browsing skills then here is the procedure on how to open Term Deposit account online.

SBI is providing Online banking facility to all its customers free of cost. There are many advantages of having online banking account. The most important one is you don’t have to visit your branch and stand in the long queues waiting for your turn. So having online account will save a lot of time. There are many more features like transferring amount form one account to another, online ticket booking, online shopping etc. Just visit your branch to get registered for online banking services.

One nice feature provided by SBI is giving the freedom to the user to open online Term Deposit account free of cost. Online term deposit is known as e-TDR/e-STDR. The difference between e-TDR and e-STDR is, In e-STDR the interest will be paid on maturity and also the minumum tenure is 180 days and the maximum tenure is 10 years. In e-TDR the interest will be paid at regular intervals based on customer choice. The minimum tenure for e-TDR is 7 days and max tenure is 10 years. For both e-TDR and e-STDR the minumum amount for deposit is Rs.1000/-

Now here is the procedure for opening online e-TDR/e-STDR account.

    Login with your user name and password. Go to Requests tab.
    Before directly opening online e-TDR/e-STDR, just enquire about the maturity value by clicking on Enquiry tab for knowing the exact interest for a particular amount with out opening e-TDR/e-STDR account.
    You are in Requests tab, and click on open e-TDR/e-STDR online.
    Follow the wizard. After opening the account download the pdf which serves as your online receipt.

That’s it.

After the maturity the interest will be credited back to the funding account. You can cancel your e-TDR/e-STDR account and the amount will be get credited back to your SBI account.

If you want to know SBI Fixed Deposit interest rates then visit SBI Interest Rates on FD.

Imagine if you don’t have online account you have to visit your nearest branch two times. First time to open your account and second time on the maturity date to collect your money. Having online account will save a lot of time. Hope you will use this feature.

source : nareshbharat

People who read this post also read :



11 comments:

Anonymous said...

If I want to withdraw money before matured? Does it charge anything? Example: I fixed 50000 for 1 year but i would like to withdraw 6th Month...then could you please help me on this?

Lucky said...

Yes they do charge some %

Unknown said...

Great site for these post and i am seeing the most of contents have useful for my Carrier.Thanks to such a useful information.Any information are commands like to share him.

seo company in chennai

Ancy merina said...
This comment has been removed by the author.
Anonymous said...

Mmorpg oyunları
instagram takipçi satın al
Tiktok jeton hilesi
Tiktok jeton hilesi
saç ekimi antalya
Takipci Satın Al
instagram takipçi satın al
Metin2 pvp serverler
TAKİPCİ SATIN AL

Anonymous said...

perde modelleri
Numara Onay
TURKCELL MOBİL ÖDEME BOZDURMA
NFTNASİLALİNİR
ankara evden eve nakliyat
trafik sigortası
dedektör
web sitesi kurmak
Ask Romanlari

Anonymous said...

Smm Panel
Smm panel
iş ilanları
instagram takipçi satın al
hirdavatciburada.com
beyazesyateknikservisi.com.tr
SERVİS
Jeton hile

hacklink said...

Good content. You write beautiful things.
sportsbet
mrbahis
vbet
hacklink
taksi
mrbahis
korsan taksi
sportsbet
vbet

deneme bonusu said...

Success Write content success. Thanks.
canlı poker siteleri
kralbet
betmatik
canlı slot siteleri
betturkey
kıbrıs bahis siteleri
betpark

uğur said...

beşiktaş
eyüpsultan
gebze
marmaris
tekirdağ

D8CZWX

ırmak said...

çorlu
niğde
urfa
aksaray
hatay

U8TKV4

Post a Comment