SyndFlexi Current Account

SyndFlexi Current Account combines the liquidity of Current Account with the earning
capacity of Term Deposits. The account is available at CBS Branches and provides for
Sweep-out Sweep-in Facility. Amounts in excess of the prescribed threshold amount of
Rs. 1.00 lakh is automatically swept out to Term Deposit and funds from the Term Deposit is
Swept in to the Flexi Current Account as and when there is a shortfall in the balance in the
account.
The essential features are as under:
Monthly Minimum Average Balance

Rs. 1,00,000/-

Minimum Amounts of Sweep-out /in

Rs. 25000/- and multiples thereof

Periodicity of Sweep out to TD

Daily

Periodicity of Sweep-in

As and when funds are required in the

Account.

Tenure of the Term Deposit

Between 15 to 45 days as the customer

may specify (one time option)
At card rate for the period the amount
has remained in TD. No interest will be
paid for amounts withdrawn before the
completion of 15 days

Payment of interest

Penalty for premature withdrawal

Nil

Nomination Facility

Available

TDS

As applicable

Other concessions

Cash withdrawal by self upto Rs.

20000/- and remittance by self/
authorized agent upto Rs. 25000/- per
day free

For further details please contact the nearest branch