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WebWhen opening a PPF account, a nominee must be registered. In a fiscal year, the individual can contribute a minimum of Rs. 500 and a maximum of Rs. 1.5 lakh to the minor’s PPF account (Please note that this should be the total contribution made by a family in a financial year). Documents Required to Open a Minor’s PPF Account Web15 dec. 2024 · Interest Rate: The rate of interest offered for the SBI MOD scheme is similar to the rates of SBI term deposits. Currently, the interest rate for term deposits ranges from 5.00% – 5.30%. For senior citizens, they earn preferential rates, i.e. 0.50% more than the standard deposit rates. Compare fixed deposit interest rates for all banks before ... Web1 feb. 2024 · The NRI Account Minimum Balance in SBI is Rs.3,000/- for metro/urban branches, Rs. 2,000/- for semi urban areas and Rs.1,000/- for rural branches. is 5.40%*. … cleobury mortimer to droitwich