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Savings, current & salary accounts

Current Account

A company current account for transferring and administering unspent ongoing-project amounts under Section 135(6) of the Companies Act and the Policy Rules.

Interest rateNo interest is payable on credit balances in a current account.Monthly average balanceDepends on the selected current-account variantSalary requirementNot applicable: SBI presents this as a business/current account for the stated tier, startup, escrow, RERA, collection, CSR, trade or interbank use; the account is not conditioned on a salary-credit threshold.
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Quick eligibility check

Current Account

0 of 1 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Intended for companies subject to the ongoing-project unspent-CSR transfer requirements described on the official page?

0 of 1 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 13 Aug 2026 · active
Offered byState Bank of India

India

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 typeCorporate social responsibility current accountView source
publishes this as a special company account for unspent amounts of ongoing projects under Section 135(6).
Source
Current Account
Page / section
Overview
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Transfer and use periodTransfer the unspent amount within 30 days after the financial year ends and use it for CSR activities within three financial yearsView source
The page states both the 30-day transfer requirement and the three-financial-year utilisation period.
Source
Current Account
Page / section
Overview
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Monthly average balanceDepends on the selected current-account variantView source
The page does not publish one standalone ; non-maintenance charges depend on the linked current-account variant.
Source
Current Account
Page / section
Charges
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
ChargesMAB non-maintenance, annual account keeping, SMS and other charges apply according to the selected current-account variant or card rateView source
No fixed fee is inferred because directs the customer to the applicable variant and card rate.
Source
Current Account
Page / section
Charges
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Interest rateNo interest is payable on credit balances in a current account.View source
current-account terms expressly state: no interest is payable on credit balances in Current Accounts.
Source
Current Account — General Terms and Conditions
Page / section
Current Account — Interest on credit balances
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Salary requirementNot applicable: SBI presents this as a business/current account for the stated tier, startup, escrow, RERA, collection, CSR, trade or interbank use; the account is not conditioned on a salary-credit threshold.View source
business catalogue classifies these variants as current accounts and separately identifies salary-account products under Personal Banking; the reviewed business pages publish account-tier or business-use conditions rather than salary thresholds.
Source
business current-account catalogue
Page / section
Current Account, Premium Current Account and Value Based Current Accounts
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Other-bank ATM/ADWM chargesNo free other-bank ATM/ADWM transactions are published for current accounts; each cash withdrawal costs ₹23 + GST and each non-financial transaction costs ₹11 + GST. SBI says the reimbursement current account linked to a Salary Package remains free.Effective 1 Dec 2025View source
The current-account row lists NIL free transactions and ₹23 plus cash/₹11 plus non-financial charges; it preserves a salary-package reimbursement exception.
Source
Revision in /ADWM Transaction Service Charges
Page / section
Page 2 — current accounts at other-bank /ADWMs
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Cheque bookCheque-book facilityView source
The manually reviewed product name/benefits state: “Cheque-book facility”.
Source
Current Account — official product page
Page / section
Published account type and access benefits
Accessed
13 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Online current-account opening
  • Conversion to an Unspent Account
  • Cheque-book facility
  • Free digital and

Eligibility

  • Intended for companies subject to the ongoing-project unspent- transfer requirements described on the official page.

Passing a listed condition does not mean the bank will approve an application.

Related official documents

Revision in ATM/ADWM Transaction Service Chargesofficial-service-charge-notice · current · accessed 25 Sept 2026
↗
SBI business current-account catalogueofficial-product-catalogue · current · accessed 29 Aug 2026
↗
SBI Business Current Accounts — Catalogue, Comparison and Reviewed Product Pagesofficial-product-catalogue · current · accessed 13 Aug 2026
↗
SBI CSR Current Accountofficial-product-page · current · accessed 29 Aug 2026
↗
SBI Current Account — General Terms and Conditionsofficial-current-account-terms · current · accessed 29 Aug 2026
↗

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Account interest estimate

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Interest you may earn₹2,700two thousand seven hundred rupees
Balance including interest₹1,02,700one lakh two thousand seven hundred rupees

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Salary Package savings accounts — all variants · Free monthly transactions10 combined financial/non-financial

This value is copied from other-bank /ADWM allowance and charges. Check the table notes before relying on it.

Source: Revision in /ADWM Transaction Service Charges · Pages 1-2 — all account-group rows and exceptions Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 5 rows · 4 columnsSBI other-bank ATM/ADWM allowance and chargesCurrent rows from SBI's 1 December 2025 notice. GST is added where the notice says plus GST.View tableHide table

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SBI other-bank ATM/ADWM allowance and charges
Account groupFree monthly transactionsCash withdrawal after allowanceNon-financial transaction after allowance
Salary Package savings accounts — all variants10 combined financial/non-financial₹23 + ₹11 +
Current accounts — personal and businessNone₹23 + per transaction₹11 + per transaction
accountsFirst four cash withdrawals; digital transactions excludedExisting charge after four; amount not restated in this noticeNot applicable to the four-cash-withdrawal rule
accountsUnlimited other-bank transactionsFreeNot separately stated
Cardless cash withdrawal at or other-bank /ADWMUnlimited until further noticeFreeFree
  • /ADWM charges for debit-card holders are unchanged by this notice.
  • The reimbursement current account of a Salary Package remains free.
  • The branch-channel notice effective 1 October 2026 separately sets ₹15 + for each cash withdrawal above four per month.
Revision in /ADWM Transaction Service Charges · Pages 1-2 — all account-group rows and exceptions · effective 1 Dec 2025 · accessed 1 Sept 2026Open official source ↗

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