Hello,

I have taken a Home Loan with SBI MaxGain (OD) Account.

I understand that I can park my surplus funds to MaxGain (OD) Account in order to reduce the interest. However, I have some doubts/questions with regards to withdrawing the funds from it.

I contacted the branch for this, and they have issued a cheque of this OD Account, which is fine in the sense that I can use the cheques to pay to someone directly from the OD Account.

I have the following 2 questions:

1. I heard that an ATM can be issued for this SBI MaxGain Account, or my Saving Bank ATM can be linked to the OD account too, so that I can withdraw cash directly off OD Account.

2. I can see 2 Accounts in my net banking. But when I try to transfer funds, I can see only my Saving Bank Account in FROM section. That is, I can move/transfer the funds only from my Saving Bank a/c.

For these doubts, I contacted the customer care, but unfortunately they did not have any information regarding MaxGain.

Can I get the OD Account linked to my SB ATM Card so that I can withdraw cash directly from OD Account?

Can I have something done so that I can transfer the funds online, directly from OD A/c? If yes, what is the process of getting it done?

Regards