Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Eligible depositorsResident individuals and resident non-individual customers; minors are excluded and SBI directs NRI customers to a separate scheme
Source 1Senior-citizen and staff premiumNo additional senior-citizen, staff or staff-senior-citizen interest over the applicable non-callable bulk rate
Source 2Deposit amountMinimum ₹3 crore, then in multiples of ₹1,000; no published maximum
Source 3Available tenor7 days to less than 3 years
Source 4Interest-rate basisA mark-up over SBI bulk deposit card rates, with the mark-up decided by SBI
Source 5Eligible deposit formsTDR or STDR only; not available under another term-deposit scheme
Source 6Interest payoutTDR: monthly, quarterly, half-yearly or yearly; STDR: at maturity with principal
Source 7Premature withdrawalNot allowed except under a court or regulator direction, winding up or bankruptcy, death of an individual depositor, or SBI's right of set-off
Source 8Credit facilityDemand loan available; overdraft not allowed
Source 9Booking channelSBI branch CBS only
Source 10Tax deduction at sourceTDS applies under the Income Tax Act
Source 11Benefits and features
- Bank-decided premium over SBI's corresponding callable bulk deposit rate
- Seven-day to under-three-year tenor range
- No published maximum principal
- Choice of TDR periodic payout or STDR maturity payout
- Demand-loan facility against the deposit
Eligibility
- Minors are excluded, and SBI publishes a separate non-callable scheme for NRI customers.
- The minimum principal is ₹3 crore, with subsequent amounts in ₹1,000 multiples.
- No extra senior-citizen or SBI staff premium applies over the NCD-B rate.
- The exact NCD-B mark-up is decided by SBI and is not quantified on the reviewed page; confirm the quoted rate at the branch before booking.
- Premature withdrawal is unavailable for ordinary liquidity needs; compare a callable bulk deposit if early access may be required.
- The unrelated home-loan widget embedded on the page is excluded from this record.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- KYC and term-deposit booking documents applicable to the customer category under SBI's current branch rules; the page does not publish a dedicated checklist