Name of Scheme |
Unicorn Flexi Current Deposits |
Eligibility for opening this account |
Individuals/ Proprietary /HUF/Partnership/
NGOs/Trust/Societies/ Association/Clubs. |
Maintain Minimum Balance in Current Account |
Rs. 25,000/= |
Sweep Out amount(From Current a/c to Flexi Term Deposit) |
Rs.25,000/= and in multiples of Rs.25,000/= + Interest for Specefic Days |
Periodicity of Sweep out |
Daily |
Period of Term Deposit |
For 45 Days only |
Rate of Interest |
5.00 % |
Statement |
Free Of Cost |
RTGS Form This A/c |
No Charges |
Other Features
- A Statement will be issued to the depositor with all the details of Current Unicorn Flexi Account, the linked FD Flexi Account,TDS adjustment if any etc.
- No separate Deposit Receipt shall be issued by the Bank for the Union Flexi Deposit Scheme.
- Nomination facility available.
- Roll over of deposit on maturity is permitted.
- TDS is applicable on the deposits in the linked FD Flexi Account.
- No loan / overdraft / lien will be permitted against the linked FD Flexi Account under this Scheme.
Other Features
- A Statement will be issued to the depositor with all the details of Current Unicorn Flexi Account,the linked FD Flexi Account,TDS adjustment if any etc.
- No separate Deposit Receipt shall be issued by the Bank for the Union Flexi Deposit Scheme.
- Nomination facility available.
- Roll over of deposit on maturity is permitted.
- TDS is applicable on the deposits in the linked FD Flexi Account.
- No loan / overdraft / lien will be permitted against the linked FD Flexi Account under this Scheme.
For more information contact our nearest Branch or Apply Here