Services Details Page || Eluri Co-Operative Urban Bank

Enjoy the Best of Savings and Flexibility with Our Flexi Account

A Flexi Account combines the features of a savings account and a fixed deposit. It allows you to earn higher interest like a fixed deposit while maintaining liquidity for daily transactions. Funds automatically shift between your savings and deposit accounts based on your usage.

Flexi accounts are ideal for those who want to earn interest without locking their funds completely. The system ensures idle money earns better returns while giving you the freedom to access your money anytime without penalties.

With automatic sweep-in and sweep-out facilities, the Flexi Account maximizes returns and enhances convenience. It’s a smart solution for managing your money efficiently while keeping it accessible.

Features of Flexi Account

Minimum balance to open – ₹10,000/-
Auto sweep-in to FD above ₹10,000/-
Get 5.00% interest with this flexi account
Earn higher interest on surplus funds
Unlimited withdrawals from savings portion
No penalty for early withdrawal from auto FD
Cheque book, Debit card, and Mobile banking included

Documents Required to Open a Flexi Account

Address Proof – Aadhar, Driving License, Passport, etc.
PAN Card
Passport-size color photograph
Introduction from an existing customer
For minors or senior citizens – additional documents may apply

Process to Open a Flexi Account

1. Fill in the Application Form
2. Submit Required Documents
3. Deposit Initial Balance
4. Account Setup and Activation

What is the minimum balance required?

The minimum balance to open a Flexi Account is ₹10,000/-.
How does the sweep-in facility work?

Any amount above ₹10,000/- is automatically transferred into a fixed deposit to earn higher interest.
Can I withdraw from the fixed deposit anytime?

Yes, funds can be auto withdrawn (sweep-out) without penalty for regular transactions.