Saving Bank Account - Open Saving Bank Account Online in India | SBI - Personal Banking
SAVINGS BANK ACCOUNT
Features
- Mobile banking
- SMS Alerts
- Inter-Net banking
- YONO
- State Bank Anywhere
- SBI Quick Missed call facility.
-
- First 10 cheque leaves free in a financial year
- Thereafter:
- 10 Leaf Cheque Book at Rs 40/-+GST
- 25 Leaf Cheque Book at Rs 75/-+GST
- Restricted free withdrawals based on Monthly Average Balance maintained.
- The facility of transfer of accounts through Internet Banking channel.
- Nomination facility is Available
- Monthly Average Balance: NIL
- No limit on Maximum balance
- A Pass Book is issued to record the transactions. Duplicate pass book can be issued if original is lost, on payment of charges. Statement of accounts can also be sent through e-mail.
Eligibility
All individuals/Central/State Govt Departments (if eligible to open SB accounts) such as:
- Govt depts. /bodies/agencies in respect of grants, subsidies released for implementation of various programmes/schemes sponsored by Central Government/State Governments subject to production of an authorisation from the respective Govt depts to open Savings Bank account.
- Development of Women and Children in Rural areas
- Self-help Groups, etc.
- Mode of Operation : Single/Jointly/Either or survivor/ Former or survivor, Later or survivor, etc

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.30%
3 years to less than 5 year
5.40%
5 years to less than 10 years
Savings Accounts Landing Page

Basic Savings Bank Deposit Small Account

Motor Accidents Claim Account (MACT)
-Account.png)
Resident Foreign Currency (Domestic) Account

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.30%
3 years to less than 5 year
5.40%
5 years to less than 10 years