Savings, current & salary accounts

Escrow Current Account

A restricted escrow current account for controlled transactions such as payment aggregation, M&A, project finance, trust and retention, e-commerce or regulatory purposes.

Interest rateNo interest is payable on credit balances in a current account.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.Debit cardATM/debit card is not allowed for the Escrow Current Account.

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✓ Manually checked 21 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 typeRestricted escrow current accountView source

The page lists general escrow, payment aggregation, M&A, project finance, trust and retention, transactions and legal or regulatory uses.

Source: Escrow Current Account
Page / section: Overview / examples of use
Accessed: 13 Aug 2026
Confidence: high

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Free cash-deposit limit₹5,00,000 per month; non-home branch cash deposits capped at ₹5 lakh per dayView source

The monthly allowance includes covered home, non-home and self-service channels.

Source: Escrow Current Account
Page / section: Features
Accessed: 13 Aug 2026
Confidence: high

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Non-loan escrow agreement fees₹25,000 + GST upfront at opening and ₹10,000 + GST annuallyView source

These published agreement fees apply to escrow or TRA arrangements other than for a loan or advance purpose.

Source: Escrow Current Account
Page / section: Charges
Accessed: 13 Aug 2026
Confidence: high

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Escrow use casesGeneral-purpose escrow; payment aggregators; mergers and acquisitions; lease-rental discounting; trust and retention accounts; joint ventures; project financing; sale and purchase; indemnity transactions; capital-market transactions; e-commerce/payment facilitation; and regulatory/legal purposes.View source

General-purpose escrow; payment aggregators; mergers and acquisitions; lease-rental discounting; trust and retention accounts; joint ventures; project financing; sale and purchase; indemnity transactions; capital-market transactions; e-commerce/payment facilitation; and regulatory/legal purposes.

Source: Escrow Current Account
Page / section: Overview / examples of users
Accessed: 21 Aug 2026
Confidence: high

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Cash-deposit limitsFree cash deposits up to ₹5,00,000 per month across home/non-home branches and CDM/AWDM; non-home branch cash deposits are capped at ₹5,00,000 per day, with card rates applying beyond free limits.View source

Free cash deposits up to ₹5,00,000 per month across home/non-home branches and CDM/AWDM; non-home branch cash deposits are capped at ₹5,00,000 per day, with card rates applying beyond free limits.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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Deposit channelsDeposits are allowed through all modes and channels.View source

Deposits are allowed through all modes and channels.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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Cheque bookNot allowed.View source

Not allowed.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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ATM/debit cardNot allowed.View source

Not allowed.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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Corporate internet bankingFree, view-rights only.View source

Free, view-rights only.

Source: Escrow Current Account
Page / section: Features and charges
Accessed: 21 Aug 2026
Confidence: high

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CINB accessView rights only.View source

View rights only.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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SMS alertsNil/free.View source

Nil/free.

Source: Escrow Current Account
Page / section: Features and charges
Accessed: 21 Aug 2026
Confidence: high

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Standing instructions/ECSNot allowed.View source

Not allowed.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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Statement of accountMonthly statement is free to escrow-related parties as provided in the escrow agreement; the first/original current-account statement is free.View source

Monthly statement is free to escrow-related parties as provided in the escrow agreement; the first/original current-account statement is free.

Source: Escrow Current Account
Page / section: Features and charges
Accessed: 21 Aug 2026
Confidence: high

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Duplicate statement₹100 + GST per page, covering 40 entries.View source

₹100 + per page, covering 40 entries.

Source: Escrow Current Account
Page / section: Charges
Accessed: 21 Aug 2026
Confidence: high

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Branch NEFT chargesUp to ₹10,000: ₹2 + GST; above ₹10,000 up to ₹1,00,000: ₹4 + GST; above ₹1,00,000 up to ₹2,00,000: ₹12 + GST; above ₹2,00,000: ₹20 + GST.View source

Up to ₹10,000: ₹2 + ; above ₹10,000 up to ₹1,00,000: ₹4 + ; above ₹1,00,000 up to ₹2,00,000: ₹12 + ; above ₹2,00,000: ₹20 + .

Source: Escrow Current Account
Page / section: Charges
Accessed: 21 Aug 2026
Confidence: high

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Branch RTGS charges₹20 + GST for ₹2,00,000 to ₹5,00,000; ₹40 + GST above ₹5,00,000.View source

₹20 + for ₹2,00,000 to ₹5,00,000; ₹40 + above ₹5,00,000.

Source: Escrow Current Account
Page / section: Charges
Accessed: 21 Aug 2026
Confidence: high

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Current-account closing chargeNil.View source

Nil.

Source: Escrow Current Account
Page / section: Charges
Accessed: 21 Aug 2026
Confidence: high

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Escrow/TRA agreement feesFor escrow/TRA arrangements other than loan or advance purposes: ₹25,000 + GST upfront once at account opening and ₹10,000 + GST annual fee.View source

For escrow/TRA arrangements other than loan or advance purposes: ₹25,000 + upfront once at account opening and ₹10,000 + annual fee.

Source: Escrow Current Account
Page / section: Charges
Accessed: 21 Aug 2026
Confidence: high

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Other transaction chargesRTGS/NEFT, DD/BC and other charges apply as per SBI card rates.View source

/, / and other charges apply as per card rates.

Source: Escrow Current Account
Page / section: Features
Accessed: 21 Aug 2026
Confidence: high

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ContactNearest SBI branch or toll-free 1800-1234, 1800-2100, 1800112211 or 18004253800.View source

Nearest branch or toll-free 1800-1234, 1800-2100, 1800112211 or 18004253800.

Source: Escrow Current Account
Page / section: Contact
Accessed: 21 Aug 2026
Confidence: high

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Official page last updatedTuesday, 26 November 2024; SBI notes that facilities are subject to change and terms and conditions apply.View source

Tuesday, 26 November 2024; notes that facilities are subject to change and terms and conditions apply.

Source: Escrow Current Account
Page / section: Page footer
Accessed: 21 Aug 2026
Confidence: high

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Account natureSpecialized current-account product variant designed for controlled escrow requirements, with permissions and operation governed by the escrow agreement.View source

Specialized current-account product variant designed for controlled escrow requirements, with permissions and operation governed by the escrow agreement.

Source: Escrow Current Account
Page / section: Overview
Accessed: 21 Aug 2026
Confidence: high

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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

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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

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Debit cardATM/debit card is not allowed for the Escrow Current Account.Effective 30 Jul 2024View source

The booklet states that cheque book facility and /debit card are not allowed.

Source: Bouquet of Products and Services — current-account product booklet
Page / section: Escrow Current Account
Accessed: 29 Aug 2026
Confidence: high

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ATM / cash-withdrawal limitsATM/debit card is not allowed for the Escrow Current Account.Effective 30 Jul 2024View source

The booklet states that cheque book facility and /debit card are not allowed.

Source: Bouquet of Products and Services — current-account product booklet
Page / section: Escrow Current Account
Accessed: 29 Aug 2026
Confidence: high

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Non-maintenance chargeNil published non-maintenance charge for No Lien and Escrow current accounts.Effective 30 Sept 2025View source

The lists No Lien Current Account and Escrow Current Account as NIL in the current-account charge table.

Source: Service Charges — account facilities and concessions
Page / section: Page 4, current-account non-maintenance charges
Accessed: 29 Aug 2026
Confidence: high

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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

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Benefits and features

Escrow-specific controlled current-account arrangement
Deposits through all modes/channels
Free monthly statement to escrow-related parties under agreement
View-only corporate internet banking
Nil -alert and account-closing charges

Eligibility

Use and account operation depend on the governing escrow/TRA agreement
Cheque book, /debit card, standing instructions and mandates are not allowed
Other charges follow card rates
Published page last updated 26 November 2024; facilities subject to change

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

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Account interest estimate

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Balance kept in the accountUse the amount you expect to keep there on average.₹one lakh rupees₹1,000₹1,00,00,000Yearly interest rateThe percentage the account pays in one year.%0.1%15%How long the money staysThe number of months used for this estimate. months1 months60 months

Interest you may earn₹2,700two thousand seven hundred rupees

Balance including interest₹1,02,700one lakh two thousand seven hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Account groupChoose column

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 group	Free monthly transactions	Cash withdrawal after allowance	Non-financial transaction after allowance
Salary Package savings accounts — all variants	10 combined financial/non-financial	₹23 +	₹11 +
Current accounts — personal and business	None	₹23 + per transaction	₹11 + per transaction
accounts	First four cash withdrawals; digital transactions excluded	Existing charge after four; amount not restated in this notice	Not applicable to the four-cash-withdrawal rule
accounts	Unlimited other-bank transactions	Free	Not separately stated
Cardless cash withdrawal at or other-bank /ADWM	Unlimited until further notice	Free	Free

/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 ↗

Escrow Current Account

What the official sources publish

Benefits and features

Eligibility

Related official documents

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Account interest estimate

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Complete rates, limits and schedules

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SBI Escrow Current Account

What the official sources publish

Benefits and features

Eligibility

Related official documents

Try the numbers

Account interest estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI Basic Savings Bank Deposit Account

SBI Basic Saving Bank Deposit Account — Branch Channel

SBI Basic Savings Bank Deposit Small Account

SBI Central Armed Police Salary Package

Escrow Current Account