TMB Visa Savings Bank Account

This is a modern two in one savings plus fixed deposit account where your money gets auto swiped into fixed deposits & yet it is accessible as and when required. This gives the benefit & convenience of withdrawing money anytime anywhere & get decent interest on the savings at the same time.

  • Combination of Savings Bank Account Plus Term Deposits
  • Auto Sweep Facility
  • Balance from Savings Bank Account automatically sweeps into term deposit after a threshold limit of Rs. 5,000
  • The customer would be free to change the threshold limit at any time without any restriction, subject to a minimum of Rs. 5,000
  • All term deposit (created by sweep out transactions) will be opened for minimum period of 15 days and a maximum of 1 year (Deposit to be made in multiples of days)
  • ATM / Debit Card Facility

Individuals either jointly or single, Clubs, Associations, Trusts, Hospitals, Schools and Colleges who are eligible to open savings bank accounts.

Monthly Average Balance (MAB) -

  • Rs. 5,000

For VISA FD Scheme

  • Minimum period of 15 days and a maximum of 1 year.

For VISA MKD Scheme

  • Minimum period of 12 months and a maximum 120 Months.