Flexi Fixed Deposit definition
Flexi Fixed Deposit means a fixed deposit account which has 1 month + 7 days tenor and is flexible like savings in terms of fund withdrawals;
Flexi Fixed Deposit means fixed deposit created for a maximum tenor of 6 months from the “Zero Limit Overdraft account” once the balance in the account exceeds Rs. 10000/- . The Flexi Fixed Deposit shall be used to adjust the overdue in the card power plus overdraft account.. The Flexi Fixed deposit so created if not adjusted against the overdue within a period of 6 months shall continue to be renewed automatically for a further maximum period of 6 months