Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
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 framework
Source 1Eligible customersResident individuals, eligible non-individual customers and NRI customers
Source 2NRI account routeFor NRI customers the product is available through NRO and NRE deposits
Source 3Deposit amountMinimum ₹1,000; no published maximum
Source 4Eligible deposit formsTerm Deposit and Special Term Deposit; unavailable for MOD, Tax Saving, Annuity, Recurring Deposit and similar excluded schemes
Source 5Available tenors1111 days, 1777 days or 2222 days
Source 6Interest-rate basisAt the applicable SBI card rate for the chosen 1111-day, 1777-day or 2222-day tenorEffective 1 May 2026
Source 7Premature withdrawalPermitted under the guidelines applicable to premature withdrawal of a normal SBI time deposit
Source 8Deposit-backed creditOverdraft or demand-loan facility is available against an eligible Green Deposit
Source 9Opening channelsBranch, Internet Banking and YONO are currently advertised; the page provides an OnlineSBI application link
Source 10NominationAvailable for eligible customer categories
Source 11Tax deduction at sourceTDS applies under Income Tax rules; eligible customers may submit Form 15G or 15H under the applicable rules for non-deduction
Source 12Branch transferThe account may be transferred between SBI branches across India
Source 13Conversion restrictionConversion from an existing TDR to SGRTD, or from SGRTD to a regular TDR, is not allowed
Source 14Benefits and features
- Funds restricted to eligible green activities and projects
- Resident, non-individual and NRE/NRO customer access
- Three dedicated tenors at the applicable card rate
- Premature withdrawal and deposit-backed credit facilities
Eligibility
- The deposit is INR-only; NRI customers use NRE or NRO deposits.
- Only Term Deposit and Special Term Deposit forms are eligible; MOD, 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 YONO.
- Existing TDRs cannot be converted to SGRTD and SGRTD cannot be converted back to a regular TDR.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- KYC and deposit-opening documents applicable to the customer category under SBI's current KYC rules; the SGRTD page does not publish a dedicated checklist