Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Account structureDeposit Account A: savings bank; Deposit Account B: TDR or STDR term depositView source
The Features section lists a savings bank Deposit Account A and or Deposit Account B.
- Source
- Capgains Plus Account
- Page / section
- Features — Type of Accounts
- Accessed
- 11 Aug 2026
- Confidence
- high
Published purposeHold eligible long-term capital-gain proceeds for reinvestment under the Capital Gains Account Scheme, 1988View source
describes parking eligible sale proceeds under the 1988 scheme while planning reinvestment; customers should confirm current tax eligibility and deadlines before relying on the exemption claim.
- Source
- Capgains Plus Account
- Page / section
- Product introduction
- Accessed
- 11 Aug 2026
- Confidence
- high
Minimum term deposit₹1,000View source
The Features section states ₹1,000 as the minimum for Capgains term deposits.
- Source
- Capgains Plus Account
- Page / section
- Features — Minimum Amount
- Accessed
- 11 Aug 2026
- Confidence
- high
Maximum balanceNo upper ceiling statedView source
The official Features list states there is no upper ceiling on balance or amount.
- Source
- Capgains Plus Account
- Page / section
- Features — Maximum Balance/Amount
- Accessed
- 11 Aug 2026
- Confidence
- high
Maximum deposit periodUp to 24 or 36 months depending on the declared tax section and original-asset transferView source
The page gives maximum periods of 24 or 36 months from transfer of the original asset, tied to the listed Income Tax Act sections declared in Form A.
- Source
- Capgains Plus Account
- Page / section
- Features — Period of Deposit
- Accessed
- 11 Aug 2026
- Confidence
- high
Interest rate2.50% p.a. across all savings-bank account balances, effective 15 June 2025Effective 15 Jun 2025View source
official table has one row: ‘Across all account Balances — 2.50% p.a.’ and states that it applies from 15 June 2025.
- Source
- Savings Bank Deposits — Interest Rates
- Page / section
- Savings Bank Deposits table — Applicable Interest Rates w.e.f. 15 June 2025
- Accessed
- 29 Aug 2026
- Confidence
- high
Branch coverageAll SBI branches except rural branchesView source
The Features section says the scheme operates at all branches except rural branches.
- Source
- Capgains Plus Account
- Page / section
- Features — Coverage
- Accessed
- 11 Aug 2026
- Confidence
- high
Early Account B closureTDR or STDR may close before maturity, but proceeds must credit only to Capgains Account AView source
The page permits early or closure only with proceeds credited to the linked Capgains savings account.
- Source
- Capgains Plus Account
- Page / section
- Features — Closure/Premature Payment rules
- Accessed
- 11 Aug 2026
- Confidence
- high
Final account closureRequires a specific authority letter or certificate from the depositor's jurisdictional Income Tax OfficerView source
requires a jurisdictional Income Tax Officer authority letter or certificate and follows its stated terms for closing all accounts.
- Source
- Capgains Plus Account
- Page / section
- Features — Closure/Premature Payment rules
- Accessed
- 11 Aug 2026
- Confidence
- high
Loan or collateral facilityNo loan; the term deposit cannot serve as margin or collateral for funded or non-funded facilitiesView source
The page states no loan facility and prohibits use of the deposit as margin or collateral.
- Source
- Capgains Plus Account
- Page / section
- Features — Loan facility
- Accessed
- 11 Aug 2026
- Confidence
- high
NominationAvailable for up to 3 nomineesView source
The page states that up to three nominees may be named for the deposits.
- Source
- Capgains Plus Account
- Page / section
- Features — Nomination
- Accessed
- 11 Aug 2026
- Confidence
- high
Renewal and maturityNo automatic renewal; TDR or STDR maturity proceeds credit to Capgains Account AView source
The notes rule out auto-renewal and direct matured or proceeds to the linked savings account.
- Source
- Capgains Plus Account
- Page / section
- Feature notes
- Accessed
- 11 Aug 2026
- Confidence
- high
Eligible applicant typesResidents, bodies of individuals, listed non-individual entities, NRIs, RNORs and artificial juridical persons with capital gains taxable in IndiaView source
The official eligibility list covers the stated resident, non-resident and entity applicant categories whose capital gains are taxable in India.
- Source
- Capgains Plus Account
- Page / section
- Eligible Applicants
- Accessed
- 11 Aug 2026
- Confidence
- high
Maturity / payoutCapGains Plus has a Savings Bank account (Account A) and TDR/STDR term deposits (Account B). At maturity, the TDR/STDR proceeds are credited to the linked CapGains Plus Savings Bank account; auto-renewal is not available.View source
identifies Account A as Savings Bank and Account B as /, then states that proceeds at maturity are credited to the CapGains Plus Savings Bank account and that auto-renewal is not available.
- Source
- CapGains Plus Account — official product page
- Page / section
- Features and Notes — Account types, closure and maturity
- Accessed
- 29 Aug 2026
- Confidence
- high
Senior-citizen rateNot applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.View source
The full product terms and applicable rate routes were reviewed; no separate senior-citizen rate is published for these schemes/programmes.
- Source
- government and programme deposit scheme terms
- Page / section
- Scheme interest-rate and eligibility terms
- Accessed
- 29 Aug 2026
- Confidence
- high
Benefits and features
- Linked savings and term-deposit choices under one capital-gains scheme
- No upper balance ceiling stated
- Branch transfer and nomination for up to three nominees
Eligibility
- The official page lists both and several resident or entity applicant categories with capital gains taxable in India.
- Product timing and tax-exemption eligibility depend on the original asset, applicable tax section and Form A declaration.
- Current tax treatment and required reinvestment deadlines should be confirmed with a qualified adviser before relying on the product's tax purpose.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Capgains Plus Form A
- Income Tax Officer authority letter or certificate for final closure
Related official documents
SBI Domestic Bulk Term Deposit Ratesofficial-rate-table · current · accessed 12 Aug 2026
↗SBI Retail Domestic Term Deposit Ratesofficial-rate-table · current · accessed 12 Aug 2026
↗Savings Bank Deposits interest ratesofficial-rate-table · current · accessed 11 Aug 2026
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