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Savings, current & salary accounts

SBI No Lien Current Account

A zero-MAB project current account opened against an eligible authority letter, kept separate from routine operating accounts and disallowing cash deposits.

Monthly average balanceNilAccount typeProject-specific no-lien current accountCash depositsNot allowed at home or non-home branches
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✓ Manually checked 13 Aug 2026 · active
Offered byState Bank of India

India

Key facts

What the official sources publish

Every value below belongs to this exact product. Select a source marker to check its context.

Account typeProject-specific no-lien current account
Source 1
Monthly average balanceNil
Source 2
Cash depositsNot allowed at home or non-home branches
Source 3
Cheque bookFirst 25 multicity cheque leaves free
Source 4

Benefits and features

  • No monthly average balance requirement
  • Free Pride Business Debit Card issuance
  • Corporate internet banking with view and transaction rights
  • Unlimited free digital NEFT and RTGS

Eligibility

  • Applicant must hold a letter from an eligible Central or State government department, autonomous or statutory body, PSU or development financial institution requiring a No Lien Current Account.

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

Documents the bank lists

  • Eligible authority letter requiring the No Lien Current Account
  • Customer or entity KYC and account-opening documents

Field-level evidence

Where each fact came from

Short context only; open the official page or document for the complete terms.

1

Account type

high confidence
SBI allows a separate account for each project so the customer's normal operating current account is not disrupted.
Source
No Lien Current Account
Page / section
Overview / Eligibility
Accessed
13 Aug 2026
Open official source ↗
2

Monthly average balance

high confidence
The official page publishes nil MAB.
Source
No Lien Current Account
Page / section
Features
Accessed
13 Aug 2026
Open official source ↗
3

Cash deposits

high confidence
Cash withdrawals remain available under published limits, but cash deposits are expressly prohibited.
Source
No Lien Current Account
Page / section
Features
Accessed
13 Aug 2026
Open official source ↗
4

Cheque book

high confidence
Additional cheque leaves are charged at the published rate.
Source
No Lien Current Account
Page / section
Features / Charges
Accessed
13 Aug 2026
Open official source ↗

Related official documents

SBI Business Current Accounts — Catalogue, Comparison and Reviewed Product Pagesofficial-product-catalogue · current · accessed 13 Aug 2026
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