Site icon Jagoinvestor

Understanding SBI Maxgain OD A/C, Savings A/C, Loan Account

Hi,

I have taken a loan of Rs. 1800000 from SBI under Maxgain Suraksha scheme. They have sanctioned a total of Rs. 1800000 (Loan) and extra Rs. 57000 for insurance. Now my online a/c with SBI is look like as below:

1. xxxxx2058                         OD                               9.95%            -1802713

2. xxxxx7433                        Savings A/c                    4%                  2500

3. xxxxx6947                  Loan A/c/Maxgain Suraksha     9.95%             11275

 

Please tell where I need to deposit the extra money in order to use the Maxgain facility. I have to put in OD(1) or in Loan A/c(3)? If i put my extra money in these accounts whether I will be able to withdraw in the future or it will be get debited from the account?

 

Thanks

Tarun 

Exit mobile version