What is the minimum amount for fixed deposit?

What is the minimum amount for fixed deposit?
The minimum tenure for an SBI FD scheme is 7 days. If your net income does not fall under taxable limit, you can request a tax exemption by submitting Form 15G/15F to the bank. What is the minimum amount of deposit needed to open an FD account? One needs to deposit a minimum of Rs.1,000 to maintain an SBI FD account.

Reference:
State Bank of India Fixed Deposit Schemes, Features & Plan 2019
Aug 3, 2019

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