SAVINGS PLUS ACCOUNT

SAVINGS PLUS ACCOUNT

SBI'S Savings Plus Account brings to you the best of both Savings Bank and Term Deposit Accounts.This provides you the convenience of a Savings Bank Account alongwith higher return of Term Deposit.

How is SBI Savings Plus Account Doubly Profitable?

Open a Savings Plus Account and set a threshold limit.Any surplus funds in the account exceeding the threshold limit, for a minimum amount of Rs.10,000/- and in multiple of Rs.1000/- in any one instance, are transferred as Term Deposit and earns interest as applicable to Term Deposits.Flexibility to choose the period of deposit from 1 year to 5 years.Flexibility to set any threshold limit of Rs.5,000/- or above.

Other Benefits of SBI Savings Plus Account

Get your Free ATM cum Debit Card and have access to the widest network of ATMs across the country to withdraw cash, enquire about your balance, etc. Moreover, your card enables you to shop at a large number of Merchant Establishments in India.You can also avail yourself of SBI International ATM-cum-Debit Card that can be used within as well as outside India, at a nominal fee.

Easy and Wide Accessibility

Transact at your convenience, saving time and cost through SBI Internet Banking
You can also withdraw cash from Maestro endorsed ATMs of other banks under bilateral sharing, at a nominal fee.

Monitoring Your Account

Monitor and control your funds through SBI Internet Banking and / or through Passbook/ advice of Term Deposits/ Special Term Deposits. Alternatively, access your account by downloading InstantSBI on your computer.

Value Added Features

Transfer of accounts between our wide network of branches without any charge.

Nomination Facility - Available.