While signing it to my savings account of SBI, I saw multi deposit option. I have seen this facility for the first time. There is Rs. 74,000 balance in my account. I tried to open a multi option deposit with Rs. 74,000 but it showed an error message stating that there are insufficient funds in the account. Is there any criterion of minimum fund that I should deposit?
There must be a requirement of maintaining minimum account balance. Let us say that Rs. 2,000 is the minimum you should have in your account then try depositing Rs. 72,000 in MOD.