Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Eligible collateralAt branches: eligible SBI TDR, STDR, recurring, NRE, NRO and FCNR(B) deposits; online: single-name TDR or STDR issued through YONO or Internet Banking
Source 1Maximum financeUp to 90% of deposit value; online overdraft minimum ₹5,000 and maximum ₹5 crore
Source 2Current rate formulaDomestic and NRE/
Source 3Published marginMinimum 10% up to five years or remaining deposit maturity; demand loans over five and up to ten years require at least 15%
Source 4Maximum repayment periodDemand loan: remaining deposit maturity or 120 months, whichever is earlier; overdraft: five years or remaining deposit maturity, whichever is earlier
Source 5Processing and prepayment chargesZero processing charges and no prepayment penalty
Source 6Facility and channelsBranch demand loan or overdraft; YONO and Internet Banking offer overdraft only against qualifying digitally issued single-name TDR or STDR deposits
Source 7Benefits and features
- Finance up to 90% of eligible deposit value
- Deposit remains in place as security
- Demand-loan and overdraft options at branches
- Zero processing charges
- No published prepayment penalty
Eligibility
- The deposit is placed under lien and may be liquidated if the loan is not repaid by maturity.
- Digital access is limited to qualifying single-name TDR or STDR deposits issued through YONO or Internet Banking.
- Non-callable deposits support demand loan only.
- The rate changes with the pledged deposit rate or relevant benchmark.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Eligible SBI deposit evidence
- SBI account and KYC records
- Branch loan and lien documents where the facility is not opened digitally