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Savings Account

Accelerate your earnings with SBM Savings Account!

1 Lakh 5 Cr
2.5% 3.5%
Interest Payout Frequency with existing bank
Quarterly
Monthly
Simulation Results for a period of 1 year:
*Interest you earn with SBM Bank India ₹36,000
** Interest you earn with your existing Bank ₹28,780
Additional Interest you earn with us ₹8,220

* Interest calculated on progressive balances within each applicable interest rate slab. ** Interest calculated on flat rate basisView Our Rates

Many reasons to choose SBM Savings Account

Returns

Best-in-class Returns

Earn up to 7.25% p.a.* with monthly interest payout

Premium Debit Card

Premium Debit Card

Enjoy Zero Forex Markup fee, Complimentary Airport Lounge Access & Golf Benefits, and exciting lifestyle offers

Free for you

Free for you

Enjoy Unlimited Free withdrawals across all Banks’ ATMs and Zero charges on NEFT/ RTGS transactions

Deposits

Deposits

Enjoy top-notch rates on Fixed Deposit View FD rates

Bank on the go

Bank on the go

Simplified Mobile and Internet Banking experience

Assistance

Assistance

24X7 Customer Care support

Savings Account Interest Rate

For Resident and Non-Resident Indians
Savings Account balance (INR) Interest Rates (p.a.) * w.e.f.
Up to 2 Lakhs 3.50%
More than 2 Lakhs to 5 Lakhs 4.00%
More than 5 Lakhs to 10 Lakhs 5.00%
More than 10 Lakhs to 50 Lakhs 7.00%
More than 50 Lakhs to 50 Crores 7.25%
More than 50 Crores to 75 Crores 7.35%
More than 75 Crores 5.00%

*Terms and Conditions apply

* The savings interest rate shall apply on incremental balance. Above rates are subject to change without prior notice.
Depositors may please confirm the rate with the Bank before the investment

Need assistance?

Connect with us on our 24X7 Toll Free Help Line 1800 2099 335 or 1800 1033 817 (available from 10 am to 7 pm IST) or drop us an email
at customercare@sbmbank.co.in. We're here to help!

Got questions?

Please go through the FAQs (Frequently Asked Questions) below

SBM Bank India is one of the few banks offering monthly pay out of Interest on Savings Account, helping you grow your money faster.

Yes, the Premium Debit Card that comes with SBM Savings Account provides a range of benefits, including Global airport lounge access, Zero mark-up on international transactions, Complimentary golf programs at premium golf clubs, and Special offers and privileges on premium brands.

SBM Debit Card comes with zero joining fee and zero annual or maintenance fee.

Click here for list of all SBM Bank India branches
Wish to earn 7.25% p.a.* ? Request a call back

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I am not robot
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.