Millionaire Federal Savings Fund
Who doesn't want to be a millionaire ? Everyone does. This savings fund is a unique recurring deposit plan that lets you invest systematically over a period of time and makes you a millionaire on maturity.
- How much to remit ?
- Investment Options
- How to open ?
- Any Resident or NRI customer can open the Millionaire FSF (Federal Savings Fund) deposit.
- Monthly installments can be made to this deposit by transfer from your SB or SBNRE account.
- Facility to register standing instruction from your existing SB or SBNRE account also.
- Installments are made from a part of your savings, in small amounts and hence it will not disrupt your financial planning.
- Loan facility against the balance in account
- Freely Repatriable for NRI customers
- Premature withdrawal allowed, no interest will be paid before completion of 1 year for NRE Deposits.
Use our MFSF Interest calculator to find out the amount you need to pay per month based on the Monthly Deposit Amount, Interest Rate and Term. Click to use MFSF Interest Calculator
For investment options of Millionaire Deposits, please click here.