CUB Flexifix Deposit Schemes

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CUB offers the benefit of fixed deposit and flexibility of withdrawal blended in this scheme
  • CUB offers the benefit of fixed deposit and flexibility of withdrawal blended in this scheme
  • 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  • Amount can be withdrawn in units of Rs.5000/- each with interest on pro rata basis, continue to earn interest on balance units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
Minimum amount of deposit
For Individuals: Rs.100/- and multiples thereof
For MSMEs: Rs.1000/- and multiples thereof
For Corporates: Rs.10,000/- and multiples thereof

For deposit related insurance, Please scan the below QR code to visit DICGC Website or Click here

Last Updated on: 05-08-2023 05:16:48 PM

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