Personal, home, vehicle & other loans

Loan Against Deposits

A secured facility for an , or (B) depositor, available as a demand loan or overdraft and, against (B), also as an eligible foreign-currency loan.

Interest rateNRO/NRE rupee loan: 1.00 percentage point above the pledged time-deposit rate. FCNR(B)-backed rupee loan: 2.90 percentage points above one-year MCLR. FCNR(B)-backed foreign-currency loan: 150 basis points above the applicable FCNR(B) deposit rate.Maximum loan / available against depositNo absolute rupee ceiling is stated for the branch facility. SBI's current branch-level page and NRE/NRO pages say lending may reach 90% of deposit value (the NRE/NRO pages include accrued interest). The NRI-specific table instead publishes margin schedules that can imply different advance percentages, including 95% at a 5% margin. SBI does not explain how the 90% cap and maturity-based NRI schedules interact; confirm the applicable drawable percentage with the branch.Loan periodRupee loans run up to the remaining maturity of the pledged deposit. An FCNR(B)-backed foreign-currency loan may run for 1, 2 or 3 years or the deposit's remaining maturity, whichever is applicable; SBI specifies a one-year minimum.

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✓ Manually checked 11 Aug 2026 · active

Offered byState Bank of India

and facilities through the home branch in India; (B)-backed facilities through designated Indian branches or an foreign office, subject to currency and regulatory rules

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Facility typesDemand loan or overdraft against NRO/NRE/FCNR(B); foreign-currency loan additionally available against FCNR(B)View source

The Features table lists demand loan and overdraft under all three security columns and adds foreign-currency loan under (B).

Source: Loan against Deposits
Page / section: Features — Type of facility
Accessed: 11 Aug 2026
Confidence: high

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Facility typeAt a branch, SBI offers a demand loan or overdraft against NRO, NRE or FCNR(B) deposits; against FCNR(B), a foreign-currency demand loan is also listed.Effective 22 Apr 2025View source

lists demand loan and overdraft for rupee deposit-backed facilities; (B) additionally has a foreign-currency loan. The online overdraft is a separate product and is not represented here.

Source: Loan against Deposits; Global Connect April 2025
Page / section: Product page Overview and Features — Type of facility; newsletter p.21
Accessed: 24 Sept 2026
Confidence: high

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Deposit securityNRO TDR/STDR/RD; NRE TDR/STDR/RD; or FCNR(B) TDR/STDR. SBI marks a lien on the underlying deposit for a deposit-backed loan.Effective 17 Oct 2025View source

The current branch-level terms list //, expressly include / and (B) deposits, and identify a lien on the underlying time deposit.

Source: Loan Against Time Deposit — Personal Banking
Page / section: Features — Security Lien; Branch eligibility includes //(B) deposits
Accessed: 24 Sept 2026
Confidence: high

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Loan useSBI permits personal use, direct investment in India on a non-repatriation basis, an Indian home/flat for the borrower's own residence, emergency needs and business activity. It prohibits re-lending, agricultural or plantation activity, investment in a real-estate business, and remitting the loan amount abroad.View source

The enumerates personal use, non-repatriation direct investment and own residence; the loan page adds emergency/business wording and repeats the prohibited-use restrictions.

Source: for ; Loan against Deposits —
Page / section: Loans questions 3–4; product page Overview — purpose and repatriation
Accessed: 24 Sept 2026
Confidence: high

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Use outside IndiaThe loan proceeds cannot be remitted or repatriated outside India.View source

The page and both state that loan proceeds cannot be remitted abroad.

Source: Loan against Deposits — ; for
Page / section: Overview; Loans question 4
Accessed: 24 Sept 2026
Confidence: high

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Borrower and application routeThe borrower must be the depositor; SBI's NRI FAQ says it will not lend against these deposits to a third party. Apply through the deposit's home branch. A branch-loan document in India must be executed by the depositor, not a Power of Attorney holder. The online overdraft rules are separate and exclude NRE TDR/STDR online creation.View source

The says the account holder must take the loan and submit a request to the home branch; the page requires the depositor to execute India-branch documents. separately excludes / from online .

Source: for ; Loan against Deposits —
Page / section: Loans questions 2, 5 and 6; Features — Execution of Documents and online- availability
Accessed: 24 Sept 2026
Confidence: high

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Loan currencyNRO/NRE facilities are in Indian rupees. FCNR(B) security supports an Indian-rupee facility or, where offered, a foreign-currency demand loan in USD, GBP or EUR.Effective 22 Apr 2025View source

The table lists rupees for / and rupees plus , and for (B); foreign-currency lending is only against (B).

Source: Loan against Deposits — ; Global Connect April 2025
Page / section: Features — Currency and facility; newsletter p.21
Accessed: 24 Sept 2026
Confidence: high

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Loan periodRupee loans run up to the remaining maturity of the pledged deposit. An FCNR(B)-backed foreign-currency loan may run for 1, 2 or 3 years or the deposit's remaining maturity, whichever is applicable; SBI specifies a one-year minimum.Effective 22 Apr 2025View source

The newsletter separates rupee and foreign-currency tenure; the foreign-currency loan is available for 1, 2 or 3 years or remaining deposit maturity, with a one-year minimum also stated on the product page.

Source: Global Connect newsletter — April 2025
Page / section: p.21 — Period of Loan
Accessed: 24 Sept 2026
Confidence: high

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Minimum loan amountNRO/NRE rupee loans: no minimum amount stated in the NRI table. FCNR(B): minimum ₹25,000 for an INR loan; for a foreign-currency loan, USD 25,000, GBP 15,000 or EUR 20,000. SBI's general branch page says branch advances have no specific minimum; the NRI-specific amounts are retained for the FCNR(B) variants.Effective 22 Apr 2025View source

The -specific table gives no limit for / and numeric (B) thresholds; the general page says no specific minimum at branches. The specific amounts are shown with their variant scope, not applied to other branches.

Source: Global Connect newsletter — April 2025; Loan Against Time Deposit — Personal Banking
Page / section: Newsletter p.21 — Minimum Loan; generic branch-level page question 7
Accessed: 24 Sept 2026
Confidence: medium

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Maximum loan / available against depositNo absolute rupee ceiling is stated for the branch facility. SBI's current branch-level page and NRE/NRO pages say lending may reach 90% of deposit value (the NRE/NRO pages include accrued interest). The NRI-specific table instead publishes margin schedules that can imply different advance percentages, including 95% at a 5% margin. SBI does not explain how the 90% cap and maturity-based NRI schedules interact; confirm the applicable drawable percentage with the branch.Effective 17 Oct 2025View source

The general page sets 90% of time-deposit value for the branch facility; / pages repeat 90%, while the -specific dated margin table includes 5% margin in one band. These statements are recorded together without claiming one overrides the other.

Source: Loan Against Time Deposit — Personal Banking; Loan against Deposits; / Account pages
Page / section: General page Features and Branch eligibility; table — Maximum Loan and Margin; / account pages — Loans Against Deposits
Accessed: 24 Sept 2026
Confidence: high

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Margin against deposit — source schedules differCurrent general branch terms: minimum 10% for up to 5 years or remaining deposit maturity, and 15% for a demand loan beyond 5 years up to 10 years or remaining maturity. The NRI-specific schedule separately lists NRE/NRO rupee margins of 5%, 10% or 15% by deposit residual maturity; FCNR(B) rupee margins of 10%, 20%, 30%, 40% or 50%; and FCNR(B) foreign-currency margins of 10% or 15%. SBI has not clarified which schedule controls each NRI branch facility.Effective 17 Oct 2025View source

Both official sources cover branch deposit-backed lending; the newer shared page includes //(B), while the -specific document gives different collateral-margin bands. publishes no crosswalk or exception explaining the difference.

Source: Loan Against Time Deposit — Personal Banking; Loan against Deposits; Global Connect April 2025
Page / section: General page Features — Margin; product page Features — Margin; newsletter pp.21–22
Accessed: 24 Sept 2026
Confidence: high

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detailed 2025 loan-rate section names the / and (B) formulas. The product table also publishes the 150-basis-point foreign-currency spread.

Source: Loans Against Securities and Consumer Durable Loans — rate table; Loan against Deposits —
Page / section: Loan Against Bank Time Deposit/(B) rates effective 15 August 2025; page Interest rate on Rupee Loan and Foreign Currency Loan
Accessed: 24 Sept 2026
Confidence: high

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FCNR(B)-backed rupee-loan rate2.90 percentage points over one-year MCLR. SBI's one-year MCLR is 8.70% effective 15 September 2026, giving a derived current indicative rate of 11.60% p.a.; this is not an APR and can change when MCLR changes.Effective 15 Sept 2026View source

11.60% is arithmetic from current benchmark and published spread (8.70 + 2.90), not a separately published or flat all-currency rate.

Source: effective 15 September 2026; Loan Against Securities and Consumer Durable Loans rate table
Page / section: tenor table — One Year 8.70%; loan-rate table — (B) 2.90% over one-year
Accessed: 24 Sept 2026
Confidence: high

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BenchmarkOne-year MCLR for the FCNR(B)-backed rupee loan; 8.70% effective 15 September 2026. NRO/NRE and foreign-currency loans instead use the pledged deposit's applicable contracted rate plus SBI's published spread.Effective 15 Sept 2026View source

The current one-year is 8.70%; (B) rupee-loan formula is 2.90 percentage points above that benchmark.

Source: Marginal Cost of Funds Based Lending Rate
Page / section: Tenor-wise table effective 15 September 2026 — One Year
Accessed: 24 Sept 2026
Confidence: high

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FCNR(B) foreign-currency loan rate150 basis points (1.50 percentage points) above the interest rate applicable to the pledged FCNR(B) deposit; the actual rate therefore depends on that deposit's currency, tenor and contracted rate.Effective 22 Apr 2025View source

specifies 150 BPS over the applicable (B) deposit rate, not a single universal foreign-currency loan rate.

Source: Global Connect newsletter — April 2025; Loan against Deposits —
Page / section: Newsletter p.22 — Interest rate on Foreign Currency; product page Features — same row
Accessed: 24 Sept 2026
Confidence: high

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Interest chargingInterest on both rupee and foreign-currency loans is charged at monthly intervals.Effective 22 Apr 2025View source

says interest is charged at monthly intervals for and foreign-currency loans.

Source: Loan against Deposits; Global Connect April 2025
Page / section: Overview — Interest; newsletter p.22 — Interest charged
Accessed: 24 Sept 2026
Confidence: high

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Processing fee₹0 — SBI states zero processing charges for the branch-level Loan Against Time Deposit facility, which expressly includes NRE/NRO and FCNR(B) deposits.Effective 17 Oct 2025View source

lists zero processing charges, then explicitly says branch loans are available against //(B) deposits. The 2018 tariff is kept as historical context and does not override this current product page.

Source: Loan Against Time Deposit — Personal Banking
Page / section: Features — Zero processing charges; Eligibility — branch route includes //(B)
Accessed: 24 Sept 2026
Confidence: high

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Prepayment charge₹0 — SBI states that there are no prepayment penalties for its branch-level Loan Against Time Deposit facility, including loans against NRE/NRO/FCNR(B) deposits.Effective 17 Oct 2025View source

The current source states no prepayment penalties for this deposit-loan facility and explicitly includes branch deposits.

Source: Loan Against Time Deposit — Personal Banking
Page / section: Features — No prepayment penalties; Branch eligibility includes //(B)
Accessed: 24 Sept 2026
Confidence: high

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Underlying-deposit premature withdrawalNRE and FCNR(B): premature withdrawal is not permitted while used as security. NRO: withdrawal is permitted after outstanding principal and interest are settled first.Effective 11 Jul 2024View source

product page says premature withdrawal is not permissible for /(B); can be withdrawn only after principal and interest are settled.

Source: Loan against Deposits
Page / section: Overview — Premature withdrawal of underlying deposit
Accessed: 24 Sept 2026
Confidence: high

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RepaymentNRO: adjust the underlying deposit, pay by fresh inward remittance or use another NRO account. NRE: adjust the underlying deposit at maturity, pay by fresh inward remittance or use an NRO/NRE account; NRO-account repayment is within the USD 1 million per-financial-year cap. FCNR(B): adjust the FCNR(B) deposit at maturity, pay by fresh inward remittance or use an NRO/NRE account, with the same NRO repayment cap.Effective 22 Apr 2025View source

The page and newsletter separate , and (B) repayment routes; for /(B), adjustment of the underlying deposit is at maturity only. -account repayment is capped at USD 1 million per financial year.

Source: Loan against Deposits; Global Connect April 2025
Page / section: Features — Repayment of Loan; newsletter p.22 — Repayment
Accessed: 24 Sept 2026
Confidence: high

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Application and document executionFor a branch loan, contact the deposit's SBI home branch and submit the loan request. In India, the depositor must execute the loan documents in person at the home branch; a Power of Attorney holder cannot execute them. SBI's NRI forms index does not list a deposit-loan-specific application or fixed attachment checklist.View source

directs branch applicants to the home branch for a loan request and specifies depositor execution. The forms index lists home/car loans and account forms but no loan-against-deposit form or specific checklist.

Source: for ; Download Forms —
Page / section: Loans question 5; Loan Features — Execution of Documents; Download Forms — complete new account/deposit/loan index
Accessed: 24 Sept 2026
Confidence: high

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Benefits and features

Multiple secured structures against , or (B) deposits
Rupee and eligible foreign-currency borrowing without immediately breaking the deposit
No maximum loan amount stated on the official product table

Eligibility

The facility is available only to the depositor against an eligible , or (B) deposit.
The loan cannot be repatriated abroad and cannot fund re-lending, agricultural or plantation activity, or real-estate business investment.
Branch, currency, margin, repayment and premature-withdrawal rules vary by the deposit and facility selected.

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

Documents the bank lists

Loan documents executed personally by the depositor at the home branch in India; a power-of-attorney holder cannot execute them
For a facility through an overseas branch, documents required under that foreign office's policy

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableTermChoose column

Maximum loan · / time depositNo limit

This value is copied from Loan against Deposits — published terms. Check the table notes before relying on it.

Source: Loan against Deposits — official comparison table · Features table — all published rows Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 8 rows · 3 columnsSBI NRI Loan against Deposits — published termsKey rows transcribed from the official NRI comparison table; deposit type and facility determine the applicable column.View tableHide table

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SBI NRI Loan against Deposits — published terms
Term	/ time deposit	(B) deposit
Maximum loan	No limit	No limit
Minimum loan	No limit for rupee facilities	Rupee ₹25,000; foreign-currency $25,000 / £15,000 / €20,000
Period	Up to remaining deposit maturity	Rupee: up to remaining maturity; foreign currency: 1, 2 or 3 years or remaining maturity
Rupee-loan rate	1.00 percentage point over pledged / rate	2.90 percentage points over 1-year
Foreign-currency rate	Not applicable	150 basis points over applicable (B) deposit rate
Margin	Against deposit as prescribed for facility	5% up to 36 months residual; 10% above 36 to 60 months; 15% above 60 months
Repatriation	Loan amount cannot be repatriated abroad	Loan amount cannot be repatriated abroad
Repayment	Underlying deposit adjustment, inward remittance or / account	Deposit adjustment at maturity, inward remittance or / account ( cap USD 1 million per financial year)

The page's last-updated marker is 11 July 2024. Confirm current rate spreads and margin policy with before applying.

Loan against Deposits — official comparison table · Features table — all published rows · effective 11 Jul 2024 · accessed 8 Sept 2026Open official source ↗

Table 2 · 8 rows · 3 columnsSBI deposit-backed loan margin schedules — source-by-sourceThe present general branch page and the NRI-specific page/newsletter publish different bases for minimum margin. Values are shown with their source and scope, not merged into one assumed rule.View tableHide table

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SBI deposit-backed loan margin schedules — source-by-source
Source and facility scope	Tenure / deposit condition	Published minimum margin
Loan Against Time Deposit, current branch-level terms; includes //(B)	Demand loans and overdrafts up to 5 years or remaining deposit maturity, whichever is earlier	10% minimum
Loan Against Time Deposit, current branch-level terms; demand loan	Loan tenor over 5 years up to 10 years or remaining deposit maturity, whichever is earlier	15% minimum
table/newsletter — rupee DL/ against / time deposit	Deposit residual maturity up to 36 months; at loan availing date	5%
table/newsletter — rupee DL/ against / time deposit	Deposit residual maturity over 36 and up to 60 months	10%
table/newsletter — rupee DL/ against / time deposit	Deposit residual maturity over 60 months	15%
table/newsletter — DL/ against (B)	Deposit residual maturity up to 1, 2, 3, 4 or 5 years	10%, 20%, 30%, 40% or 50%, respectively
table/newsletter — foreign-currency DL against (B) in //	Deposit residual maturity up to 3 years	10%
table/newsletter — foreign-currency DL against (B) in //	Deposit residual maturity over 3 and up to 5 years	15%

The current shared page's 10%/15% is based on loan tenor; the -specific schedule is based on deposit residual maturity and currency/facility. publishes no crosswalk explaining which controls the branch variants.

Loan Against Time Deposit; Loan Against Deposits; Global Connect April 2025 · Current Features — Margin; Features — Margin; newsletter p.21 and p.22 continuation · effective 17 Oct 2025 · accessed 24 Sept 2026Open official source ↗

Table 3 · 17 rows · 3 columnsSBI Global Connect NRI — deposits-backed loan table, April 2025Page 21–22 table transcribed as indexed from SBI's official 27-page newsletter. The rendered page images could not be fetched, so the PDF's merged header/layout still needs visual verification.View tableHide table

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SBI Global Connect NRI — deposits-backed loan table, April 2025
Parameter / Deposit type	/ Time Deposit	/
Purpose	Personal purpose (including acquisition of flat/house in India for own residential use) or business activities except re-lending, agriculture/plantation or real-estate business investment; proceeds cannot be repatriated outside India and can be used in India only for specified purpose	Same
Type of facility	Demand loan / overdraft in	Demand loan / foreign-currency loan / overdraft
Currency	Rupee	Rupee; foreign-currency demand loan in , or
Repatriable	No	No
Period of loan	Up to remaining period of deposit maturity	Rupee loan up to remaining period of maturity; FCL up to 1, 2 or 3 years or remaining maturity
Available at	Home branch in India	Designated branches in India / foreign office
Minimum loan	No limit	USD 25,000; GBP 15,000; EUR 20,000; loan minimum ₹25,000
Maximum loan	No limit	No limit
Margin — rupee loan against / time deposit	Residual maturity up to 36 months: 5%; over 36 to 60 months: 10%; over 60 months: 15%	Not this column's / rupee schedule
Margin — (B) rupee DL/	Not available against /	Residual maturity up to 1, 2, 3, 4 or 5 years: 10%, 20%, 30%, 40% or 50%, respectively
Margin — foreign-currency DL against (B)	Not available in foreign currency	Residual maturity up to 3 years: 10%; over 3 and up to 5 years: 15%
Interest on rupee loan	1% over / rate	2.90% over 1-year
Interest on foreign-currency loan	Not available	150 basis points over applicable (B) deposit rate
Execution of documents in India	Depositor executes at home branch; not Power of Attorney holder	Same
Repayment	Underlying deposit adjustment (on maturity only for ), fresh inward remittance, or / account; repayment within USD 1 million per cap	(B) deposit adjustment on maturity only, fresh inward remittance, or / account; repayment within USD 1 million per cap
Interest charged	Monthly intervals	Monthly intervals
Other conditions	Tax Saving Scheme-2006 is not eligible during lock-in; loan cannot be used for re-lending, agriculture/plantation or real-estate business; margin linked to residual deposit maturity	Same

Transcription preserves source wording and variants; visual confirmation of the column merges on the page remains open because the screenshot service returned Cache miss.

Global Connect newsletter — April 2025 · pages 21–22 · effective 22 Apr 2025 · accessed 24 Sept 2026Open official source ↗

Table 4 · 6 rows · 4 columnsSBI branch deposit-loan source statements requiring reconciliationRetains current official statements on advance percentage and margin that SBI does not reconcile across the general branch product and NRI-specific publication.View tableHide table

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SBI branch deposit-loan source statements requiring reconciliation
Source/version	Scope	Published statement	Interpretation/status
Loan Against Time Deposit page, last updated 17 October 2025	Branch loans include //(B)	Up to 90% of time-deposit value; minimum 10% margin up to 5 years/remaining maturity and 15% for demand loan over 5 up to 10 years/remaining maturity	Current general branch rule; -specific interaction not explained
and account pages, last updated 7 February 2026	/ deposit-backed branch loan	Maximum 90% of deposit face value including accrued interest	Current product-adjacent page confirms 90% for these categories
loan page, last updated 11 July 2024; newsletter April 2025	Variant-specific deposits	Margin by residual deposit maturity: / rupee 5/10/15%; (B) rupee 10/20/30/40/50%; (B) FCL 10/15%	Specific schedule appears materially different; precise current applicability unresolved
-specific newsletter April 2025 vs current general branch page	Minimum loan	(B) table specifies ₹25,000 minimum and currency minimums, while current general page says no specific minimum for branch advances	Specific amounts retained by facility; visual table alignment still pending
service-charge , charges as of 1 April 2018	Historical loan-fee scope	home loan, car loan and mortgage-backed personal loan fees are listed; no deposit-loan fee row appears on p.12	Historical absence is not current-fee evidence; current shared page explicitly states zero processing charges
and forms index	Branch route and documents	Contact home branch and submit loan request; no third-party borrower; no deposit-loan form or fixed checklist on the listed forms page	Current application route and public document scope

This is a source conflict table, not a product-specific term overriding the original official tables. Do not convert the deposit-margin dispute into a single maximum drawable percentage without clarification.

Loan Against Time Deposit and deposit-loan sources · General branch terms compared with product page/newsletter, current / account pages and historical service charges · effective 17 Oct 2025 · accessed 24 Sept 2026Open official source ↗

Loan Against Deposits

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

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Loan repayment estimate

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Complete rates, limits and schedules

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SBI NRI Loan Against Deposits

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI Aashray Home Loan

SBI Assured Car Loan

SBI Certified Pre-Owned Car Loan

SBI Combo Home Loan

Loan Against Deposits