Unlock the power of high returns with the SBM Classic Savings Account — designed to help your money grow faster. Enjoy attractive interest rates of up to 7.00% p.a.* with monthly interest payouts, so your savings work harder for you, every single month.
Grow your savings the smarter way with SBM Classic Savings Account.
Your savings account balances can earn up to 7.00% p.a.* interest rates, making it one of the highest interest rate savings account options available. Plus you enjoy monthly interest payouts. Please see our latest interest rates here.
Experience the freedom of a Lifetime Free Debit Card that comes with your Classic Savings Account. Enjoy exclusive lifestyle privileges across travel, dining, shopping, and entertainment. Plus, benefit from hassle-free PIN generation with Green PIN.
Access your money anytime, anywhere — without any charges. Make unlimited free ATM withdrawals at both SBM and non-SBM Bank ATMs. Enjoy the flexibility of higher transaction limits and swipe with confidence.
Your financial preferences deserve special attention. Enjoy personalised attention from our Relationship Manager who are adept at understanding and fulfilling your discerning needs.
Our user-friendly and simplified internet banking and mobile banking platforms allow you to effortlessly plan and manage your finances.
Resident and Non-Resident Indians are eligible to open an SBM Classic Savings Account.
To open an SBM Classic Account with us, provide your contact details below. Our representative will connect with you for assistance.
To check the latest interest rates for SBM Savings Accounts, please click here. Interest rates are subject to change per the bank’s sole discretion.
An SBM Classic Savings Account enables you to grow your money at high interest rates of up to 7.00% p.a.*, with monthly interest payout. The account also comes with a Debit Card offering benefits such as Unlimited Free ATM withdrawals and a host of lifestyle offers across top brands.
You can view the SBM Classic Savings Account interest rates here.
The initial deposit required for an SBM Classic Savings Account is Rs 25,000.
The minimum balance requirement of SBM Classic Savings Account is Rs 25,000.
