Wealth Savings/Current Account

Wealth Savings/Current Account is a Premium Account offered only for Wealth Clients with add-on benefits viz. Free VISA Signature Debit Card, 5X Loyalty Rewards, Fee Waivers, 25% Concession on Locker Rentals and many more.

Sl.No Our Product Features
1 Debit Card related features  
a) Type of Debit Card Visa Signature Debit Card
b) Debit Card Charges: Issuance Charges/Annual Charges Nil
c) Reward Points/INR 200 spent 5X
d) Free add on Debit Card for Spouse/Joint Account Holder Yes #
e) Withdrawal Limit of Debit Card POS: INR 3 lakhs,
ATM: INR 1 lakh
f) Loss Liability INR 4 lakhs,
2 Credit Card Free for 1st Year
SBI Card - Elite (subject to eligibility)
3 Personal Accident Insurance (Death) Cover INR 10 lakhs
4 Locker Charges 25% Concession (1 Locker per Client)
5 Auto Sweep In/Out Yes for Multi Option Deposit
6 Demat Account No Opening Charges and 1st Year AMC
7 Non-Home Branch Cash Withdrawal No charges for self
8 Minimum Balance Charges Nil
9 SMS Alert Charges Nil
10 Phone Banking Services Debit Card replacement,
Duplicate PIN,
Cheque status,
Stop Payment,
Change in email id/mobile number
11 Remote Relationship Manager Yes for e-Wealth Clients
12 Transactions through Other Bank ATMs Unlimited free
13 Lifestyle Privileges Airport Lounge Access* and other Privileges from time to time.  
*2 Complimentary Access every quarter (Visa Signature Debit Card- Latest List and Validity available at VISA website)
14 Newsletter “SBI Wealth Investment Outlook” through
e-mail
15 Other Banking Charges Benefits Nil for Cheque Returns,
No DD issuance and Cancellation Charges,
No charges for NEFT/RTGS/IMPS,
No Stop Payment charges,
No charges for Duplicate Passbook
Note:

*Unless otherwise stated, all transaction based concessions would be available only for transactions through Wealth Savings/Current Account of the Client.

*Minimum Balance charges shall be waived for Wealth Savings/Current Account only and not for the other accounts under the CIF of the Wealth Client.

#Terms and Conditions apply