Personal Flexifix Deposit

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CUB offers the benefit of fixed deposit and flexibility of withdrawal blended in this scheme

  • Resident individual-single and joint accounts
  • Minimum amount of deposits - Rs.10000/- and multiples of Rs. 5000/-
  • Minimum period (presently) - 30 days Maximum period - 5 years
  • Amount can be withdrawn in units of Rs.5000/- each with interest on pro rata basis, continue to earn interest on balance units
  • No loan facility offered
  • Overdraft facility is available
  • Simple interest payable on monthly / quarterly / half yearly / annual basis
  • For senior citizens (60 Years +) additional interest rate applicable from 1st year
  • Auto renewal option available
  • TDS at prevalent Income tax rate is deducted if Form 15G / 15H not submitted
  • Nomination facility available
  • Click here for Interest rate
  • Documents required