SBI has increased their minimum threshold limit for auto sweep facility of MOD for Savings Accounts to INR 50,000 from INR 35,000.
This means now MOD based FD will be created once Savings Account cross INR 50,000.
was it 35K earlier? was it not 25K??? for me every MOD ll be triggered with 25K in account balance...
similarly KMBL have also increased the threshold to 50K...