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Now earn up to 7.50% p.a.* 

with monthly interest payout on your Online Savings Account

*T&C Apply

Above rates are subject to change without prior notice.

Depositors may please confirm the rate with the respective branches before the investments.

Online Savings Account
Open bank account online

All you need is your PAN, Aadhaar and Video KYC.

Enjoy returns of up to 7.50%* p.a.with monthly interest payouts

Access premium Golf programs, Airport Lounges, and many exclusive benefits

Avail competitive Forex Rates and best-in-class FD rates

Enjoy Unlimited Free withdrawals across all banks ATMs 24*7

Savings Account Interest Rates at SBM Bank

For Resident and Non-Resident Indians
Savings Account balance (INR) Interest Rates (p.a.) * w.e.f. 20-08-25
Up to 5 Lakhs 2.75%
More than 5 Lakhs to 10 Lakhs 5.00%
More than 10 Lakhs to 50 Lakhs 6.75%
More than 50 Lakhs to 50 Crores 7.00%
More than 50 Crores to 75 Crores 6.50%
More than 75 Crores 5.00%
0.00%
0.00%
Download Rate

*Terms and Conditions apply

* The savings interest rate shall apply on incremental balance.

For further clarifications read the FAQ section placed below or call our Customer Service desk on 1800 2099 335 or 1800 1033 817

Disclaimer:
Above rates are subject to change without prior notice. Depositors may please confirm the rate with respective branches before the investment

Here are a few pointers to note regarding the Savings Account interest rates offered at SBM Bank:

  • Please confirm the latest interest rate applicable to Savings Account with our Bank branch before investment, as interest rates are subject to change without prior notice.
  • If you intend to open a Savings Account with balance likely to exceed INR 50 crores, please contact an SBM Bank branch or contact your designated Relationship Manager to get a clear idea of the interest rates applicable.

Click here for the latest Online Savings Account Interest Rates. For any queries, reach us at 1800 103 3817

OPEN SAVINGS ACCOUNT ONLINE

*The savings interest rate shall apply on incremental balance.

NEVER SHARE your Card Number, CVV, PIN, OTP, Internet Banking User ID, Password, or URN with anyone, as it can lead to unauthorised access to your account.
NEVER SHARE your Card Number, CVV, PIN, OTP, Internet Banking User ID, Password, or URN with anyone, as it can lead to unauthorised access to your account. | DIAL 1930 FOR ONLINE FINANCIAL FRAUD. REPORT ANY CYBERCRIME AT WWW.CYBERCRIME.GOV.IN | Dear Customer, in line with RBI regulation, if there are any changes/updates in the KYC documents you previously submitted with the Bank, please provide the updated documents within 30 days of such changes.

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