Monday, March 14, 2016

SBI, Thomas Cook team up for ‘inflation-proof’ holidays

State Bank of India (SBI) had tied up with Thomas Cook for ‘inflation proof’ holiday.
  • Inflation proof’ holiday is offer to the online customers which helps them to save on frequent deposits.
  • It is optional for the customers either to travel or exchange their savings on the maturity of the frequent deposit by promoting holidays.
  • Customers will pay for a future holiday at today’s prices while earning interest on the linked e-recurring deposit through inflation-proof holiday.
  • SBI’s recurring deposit interest rate is 7.25%.

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