SBI Savings Plus Account

Nomination Facility

Nomination facility is offered to SBI Savings Plus Account customers.

Flexibility

To benefit from the MODS scheme, you can either open a new SBI Savings Plus Account or request to shift your existing SBI savings account.

Choice of Tenure

Customers can choose the maturity for FD as 1 to 5 years.

Auto Sweep Facility

The auto sweep facility will function twice a week based on the available balance in SBI Savings Plus Account.

Seamless Cash Transfer

If the account holder wishes to withdraw cash, the amount will be sourced from the savings account first and then if the balance is insufficient, it will come from the FD account.

Surplus Transfer

The surplus above Rs. 25, 000 will be transferred to the term deposit account with a minimum of Rs. 10, 000 and in multiples of Rs. 1000 at once instance.

Charges for issue of multi city cheque book

Rs. 3 per cheque leaf

Number of free cheque leaves

20 cheque leaves

Charges for issue of duplicate passbook

Rs. 112 with the latest balance. Rs. 112 for the previous 0 entries to be added

Stop Payment Instruction

Rs. 51 per instrument up to 3 leaves

Account closure charges

Rs. 112 to Rs. 337 depending on the number of days that has lapsed after account creation

Charges for failed standing instruction

Rs. 253

Issue of Demand Drafts

Rs. 25 to Rs. 50 depending on the amount

Balance certificate per instance

Rs. 169

Signature verification per instance

Rs. 169

Interest Certificate

First copy free. Every additional copy will cost Rs. 169

Charges for non financial transactions beyond the set limit

Rs. 6 per transaction

Charges for international cash withdrawal transaction

Rs. 112 minimum plus 3. 93% of transaction amount

Outstation and local cheque deposited with RBI and returned unpaid by others

Rs. 112 to Rs. 225 depending on the amount plus out of the pocket expenses

Transfer of accounts

Rs. 112

Emergency cheque request

Rs. 3 per leaf