State Bank of India 5 Year Cash ISA Fixed Deposit
|Branch access||Online account||Minimum saving amount||Maximum saving amount||Interest paid|
Whether you can operate the account through a bank branch.
Whether the account can be managed online.
The minimum amount you have to keep in the account.
The maximum amount you can keep in the account.
How often interest is paid.
State Bank of India customer satisfaction scorecard:How do we work this out?
|Clarity of statement||Interest rate information||Regular contact||Customer service||Overall customer score|
|Minimum saving amount||£5,000|
|Maximum saving amount||N/A|
|Minimum initial deposit||£5,000|
|Restricted locations note||N/A|
|Existing customer note||Must open a Current / Savings Account to avail the Cash ISA fixed deposit.|
|Account type||ISA Fixed Term|
|ISA transfers allowed||Yes|
|Minimum regular monthly deposit||N/A|
|Maximum regular monthly deposit||N/A|
|Withdrawals note||Withdrawal or transfer of the deposit can be made before the end of the term if 30 days' notice is provided. There will be a loss of interest if early withdrawals/transfers are made.|
|Fixed term||1825 days|
|Account fee charged||N/A|
|Part of FSCS||Yes|
|FSCS note||The first £85,000 per person, per UK banking licence, is protected by the Financial Services Compensation Scheme (FSCS). Under the UK Scheme if you have also borrowed from the failed bank or building society, the compensation will not be reduced to repay your debt. Separate arrangements will be made for this. Some banks and building societies share the same banking licence. Where this is the case, your £85,000 protection is across all the companies sharing the licence, not each individual company.|
|Interest paid type||Paid Away or Compound|
|Introductory bonus note||N/A|
|Conditional bonus note||N/A|
|From (£)||To (£)||AER including bonus (%)||Bonus rate (%)||AER excluding bonus (%)||Interest type|