SBI - Non Callable Term Deposit

To invest surplus funds for a long period. No premature withdrawal allowed.

Eligibility: All depositors (Domestic Deposits & NRE Deposits)

The product is available for TDRs/STDRs of Rs.1 Crore and above.

Period of deposit from 181 days to 3 years

Overdraft facility strictly not allowed

Currently No premium payable over and above card rate.

Non-callable deposits should not be used as security/ margin money against the non-fund based limit (LC and BG)