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Bombay Mercantile Co-operative Bank Limited Saving Accounts
flexi deposit sceme account
Bombay Mercantile Co-operative Bank Limited : flexi deposit sceme account

The Scheme provides for Auto Sweep and Reverse Sweep facilities “Auto Sweep” is a facility whereby the bank automatically transfers stipulated amount above a certain minimum balance in the account holder(s) Savings Account to his/her/their Fixed Deposit Account. “Reverse Sweep” is a facility where the Bank automatically breaks the linked fixed deposits in units of Rs.1000/- to meet the shortfall/arising on account of cheques presented in the Savings account


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