Annuity Deposit Scheme - Personal Banking
ANNUITY DEPOSIT SCHEME
To enable the depositor to pay one-time lump sum amount and to receive the same in Equated Monthly Instalments (EMIs), comprising a part of the principal amount as well as interest on the reducing principal amount, compounded at quarterly rests and discounted to the monthly value.
Last Updated On : Wednesday, 17-08-2022
Deposits Landing Page
SBI ‘Sarvottam’ (Non-Callable) Term Deposit
Motor Accident Claims Annuity (Term) Deposit Account (MACAD)
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