Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Restricted use of mobilised fundsAmounts mobilised under the deposit may be used only to finance eligible green activities and projects under the RBI green-deposit frameworkView source
links the restriction to the Framework for acceptance of Green Deposits issued 11 April 2023; the page does not promise a project-specific allocation to the depositor.
- Source
- Green Rupee Term Deposit
- Page / section
- Scheme introduction
- Accessed
- 12 Aug 2026
- Confidence
- high
Eligible customersResident individuals, eligible non-individual customers and NRI customersView source
Eligibility still remains subject to the bank's applicable and customer-category rules.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Eligible Customers
- Accessed
- 12 Aug 2026
- Confidence
- high
NRI account routeFor NRI customers the product is available through NRO and NRE depositsView source
The deposit is -only; no or foreign-currency is stated.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Eligible Customers
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposit amountMinimum ₹1,000; no published maximumView source
The page says no maximum; applicable retail or bulk card rate and customer rules still depend on the actual principal amount.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Amount of Deposit
- Accessed
- 12 Aug 2026
- Confidence
- high
Eligible deposit formsTerm Deposit and Special Term Deposit; unavailable for MOD, Tax Saving, Annuity, Recurring Deposit and similar excluded schemesView source
uses 'etc.' after the named exclusions, so customers should confirm any unlisted product variant before assuming eligibility.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Eligible Products
- Accessed
- 12 Aug 2026
- Confidence
- high
Available tenors1111 days, 1777 days or 2222 daysView source
The deposit is limited to these three non-round-number tenors rather than the full term-deposit range.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Tenor
- Accessed
- 12 Aug 2026
- Confidence
- high
Interest-rate basisAt the applicable SBI card rate for the chosen 1111-day, 1777-day or 2222-day tenorEffective 1 May 2026View source
states is 'at par with Card Rate' from 1 May 2026. A numeric rate is not projected because the applicable card rate depends on exact customer category, principal band and deposit date.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Green Rupee Term Deposit note
- Accessed
- 12 Aug 2026
- Confidence
- high
Premature withdrawalPermitted under the guidelines applicable to premature withdrawal of a normal SBI time depositView source
The reviewed page does not publish a numeric penalty; the applicable normal-time-deposit rule should be checked before closure.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Pre-mature withdrawal
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposit-backed creditOverdraft or demand-loan facility is available against an eligible Green DepositView source
Availability does not imply automatic loan approval; applicable margin, rate and customer eligibility control the facility.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Loan facility
- Accessed
- 12 Aug 2026
- Confidence
- high
Opening channelsBranch, Internet Banking and YONO are currently advertised; the page provides an OnlineSBI application linkView source
A later feature still says digital channels will be available shortly, conflicting with the current introduction and application link. The current digital evidence is used, but channel availability should be reconfirmed if the login journey does not show .
- Source
- Green Rupee Term Deposit
- Page / section
- Scheme introduction, Apply Now link and Features — Product availability
- Accessed
- 12 Aug 2026
- Confidence
- medium
NominationAvailable for eligible customer categoriesView source
Eligibility depends on the depositor category and nomination rules.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Nomination
- Accessed
- 12 Aug 2026
- Confidence
- high
Tax deduction at sourceTDS applies under Income Tax rules; eligible customers may submit Form 15G or 15H under the applicable rules for non-deductionView source
No fixed rate or threshold is inferred from the product page.
- Source
- Green Rupee Term Deposit
- Page / section
- Features —
- Accessed
- 12 Aug 2026
- Confidence
- high
Branch transferThe account may be transferred between SBI branches across IndiaView source
The statement covers transfer within , not transfer of the deposit to another bank.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Transfer of Account
- Accessed
- 12 Aug 2026
- Confidence
- high
Conversion restrictionConversion from an existing TDR to SGRTD, or from SGRTD to a regular TDR, is not allowedView source
Customers need a separately opened ; an existing term deposit cannot simply be relabelled as green.
- Source
- Green Rupee Term Deposit
- Page / section
- Features — Others
- Accessed
- 12 Aug 2026
- Confidence
- high
Minimum deposit₹1,000 minimum deposit; no maximum is published.Effective 1 May 2026View source
publishes a minimum deposit of ₹1,000 and no maximum limit for .
- Source
- Green Rupee Term Deposit ()
- Page / section
- Features — Amount of Deposit
- Accessed
- 28 Aug 2026
- Confidence
- high
Maturity / payout instructionsMaturity instructions follow SBI Term Deposit or Special Term Deposit rules; nomination is available and TDS applies under Income Tax rules.Effective 1 May 2026View source
The official page says maturity instructions are as applicable to Term Deposit/Special Term Deposit and records nomination and treatment.
- Source
- Green Rupee Term Deposit ()
- Page / section
- Features — Nomination, and Maturity Instructions
- Accessed
- 28 Aug 2026
- Confidence
- high
Senior-citizen rateFor 1111, 1777 and 2222 days, SBI's published table lists senior-citizen rates of 6.70%, 6.70% and 6.95% p.a. in the first amount band, and 6.40%, 6.40% and 6.40% p.a. in the second amount band; the applicable band follows the deposit amount shown by SBI.Effective 1 May 2026View source
product page publishes separate General Public and Senior Citizen columns for each of the three Green Rupee tenors and shows the two amount-band rate sets recorded here.
- Source
- Green Rupee Term Deposit ()
- Page / section
- Interest Rates — 1111, 1777 and 2222 day table
- Accessed
- 29 Aug 2026
- Confidence
- high
Benefits and features
- Funds restricted to eligible green activities and projects
- Resident, non-individual and / customer access
- Three dedicated tenors at the applicable card rate
- Premature withdrawal and deposit-backed credit facilities
Eligibility
- The deposit is -only; customers use or deposits.
- Only Term Deposit and Special Term Deposit forms are eligible; , tax-saving, annuity and recurring deposits are excluded.
- The applicable numeric rate depends on the card rate for the customer category, amount, tenor and deposit date.
- The page conflicts on digital availability, although its current introduction and application link advertise Internet Banking and .
- Existing cannot be converted to and cannot be converted back to a regular .
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- and deposit-opening documents applicable to the customer category under current rules; the page does not publish a dedicated checklist
Related official documents
SBI Green Rupee Term Deposit (SGRTD) — official product pageofficial-product-page · current · accessed 28 Aug 2026
↗SBI Retail Domestic Term Deposit Ratesofficial-rate-table · current · accessed 12 Aug 2026
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