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Savings accounts

Compare savings-account balance rules, interest and everyday access.

10 products

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Basic Savings Bank Deposit Account
Nil
2.50% p.a. across all account balances
Not published
Not available
Basic RuPay ATM-cum-debit card free, with no annual maintenance charge
Withdrawal form at SBI branches or ATM only
Basic Saving Bank Deposit account — Branch Channel, product code 1011-1701
Nil minimum balance and nil monthly average balance
2.50% p.a. across all account balances
Not published
One 25-leaf cheque book free each year for eligible account holders
Basic RuPay ATM-cum-debit card free, with no annual maintenance charge, for eligible customers
Not published
Relaxed-KYC Basic Savings Bank Deposit Small Account, convertible to a regular savings or BSBD account after full KYC
Nil
2.50% p.a. across all account balances
Not published
Not published
  • Basic RuPay ATM-cum-debit card is free with no annual maintenance charge
  • NEFT/RTGS receipts, government-cheque collection and account closure are free
Not published
Not published
Not published
2.50% p.a. across all account balances
Not published
Not published
Not published
Not published
Not published
Nil minimum balance and nil minimum average balance, with no MAB non-maintenance penalty
2.50% p.a. across all account balances
Not published
Not published
Not published
Not published
Not published
Not applicable
2.50% p.a. across all account balances, calculated on daily balance
Not published
  • Personalised 10-leaf cheque book: for Pehla Kadam, issued to the guardian in the minor-under-guardian name
  • for Pehli Udaan, issued if the minor signs uniformly
  • account-holder mobile number must be recorded
  • ₹5,000 withdrawal/POS limit
  • Pehla Kadam card is in the minor and guardian names, while Pehli Udaan card is in the minor's name
Not published
Insta Plus savings bank account opened through Video KYC
Not published
2.50% p.a. across all account balances
Not published
  • Cheque book can be requested through YONO, internet banking or branch after successful opening
  • passbook is issued on request
RuPay Classic card issued
  • Paperless YONO or SBI Video-KYC web journey
  • no branch visit required
SBI Savings Bank AccountState Bank of India
Savings bank account
Nil
2.50% p.a. across all account balances
  • No penalty
  • waived from 11 March 2020
  • First 10 cheque leaves free each financial year
  • thereafter ₹40 + GST for 10 leaves or ₹75 + GST for 25 leaves
Not published
Mobile banking, SMS alerts, internet banking, YONO, State Bank Anywhere and SBI Quick
SBI Savings Plus AccountState Bank of India
Savings bank account linked to Multi Option Deposit Scheme (MODS) term deposits
Nil
2.50% p.a. across all account balances
Not published
  • 10 free leaves per year
  • later leaves are charged
Not published
Not published
Sweep-linked current or savings account
  • Current account: ₹10,000
  • savings account: ₹3,000 in metro/urban, ₹2,000 in semi-urban or ₹1,000 in rural branches
Not published
Not published
Not published
Not published
Not published

Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.