There are a lot of investment instruments, fixed deposits, and recurring deposits are two of those instruments. When you open a fixed deposit or recurring deposit you earn more interest than you do in a savings account. In this article, I will walk you through the process by following which you can check the list of deposit accounts in SBM Bank online.
By the term online I am referring to the internet banking services of the bank. Because you can view the list of your deposits online there is no need to visit your home branch. The only prerequisite here is you should have access to your Internet banking account.
There is a single option in the Internet banking dashboard of SBM Bank that will help you to view both your Fixed Deposit and Recurring Deposit accounts.
- Visit the official website of SBM Bank.
- Choose the “Login” option, enter your credentials, and login into your account.
- Click on “Deposits” and select “List of Deposits”.
- You will find a list of all your fixed deposit and recurring deposit accounts that you have with SBM Bank India.
The bank will not charge you anything to use the Internet banking services and view the list of deposits you have. So you need not worry about the possible charges in this case.
There is a close deposit option as well which you can use in case you wish to close your deposit. In that case, keep in mind the possible interest penalty.