State Bank of India (Bahrain) Recurring deposit

Last Updated on 29 December 2018

State Bank of India (Bahrain) Bank

WarningMessage This product is valid by the Bank

Recurring deposit

min balance

Min Balance to Maintain

BHD 10

Currency Account

Yes

min balance

BHD 10

Min Balance to Maintain

Yes

Currency Account

View details on bank page

Features

  • Loan amount should be repaid by the customer before the maturity of the deposit.
  • The rate of interest is as per the extent of time deposit.
  • The time period may vary from 6 months to 36 months.
  • The individual should be 21 years and above.
  • The account can be opened for a minor by a parent or guardian.
  • BD 10 per month and multiples of BD 10 is the minimum balance required to open the account.

Main Benefits

  • Loan facility is available against the deposit.
  • Minors are eligible as well with a guardian on the account

State Bank of India (Bahrain)

State Bank Of India was established on 2nd January 2007 in Manama, Bahrain. Within four years, State Bank Of India has gained a decent place among the retail banks of Bahrain. With a customer base of 10,000, SBI provides corporate and retail banking services to both individuals as well as corporates.

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