SAVINGS BANK ACCOUNT

SAVINGS BANK ACCOUNT

SBI Savings Bank Account helps you to plan and save for your future financial requirements. Your savings remain liquid, safe and earn moderate interest.

Benefits
Card Convenience
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 our International ATM-cum-Debit Card, which 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 or/ and through Passbook/ statement of account facility.
Alternatively, access your account by downloading InstantSBI on your computer.

Moderate Earning

SBI Savings Bank Account earns you an interest at the rate of 3.5% p.a., compounded half yearly.

Money Multipliers

Earn Interest at Term Deposit rates through Savings Plus Account.
Link your Savings Bank Account to your Multi Option Deposit (MOD) Account to earn additional interest on your surplus money and get the facility of automatic unitised break up of MOD in case there is a shortfall in your SB account to honour the cheque drawn by you.

Value Added Features

· Transfer of accounts between our wide network of branches without any charge.
· Nomination facility – Available
· 25 cheque leaves free, in a year
· Minimum balance requirements and charges per quarter for violation
of the stipulations, as mentioned in brackets there against - centre wise:-

Centres Cheque operated account Ordinary account
Metro/Urban/ Rs.1000 (Rs.200) Rs. 500 (Rs.200)
Semi-Urban

Rural Rs.500 (Rs.100) Rs. 250 (Rs.100)