Wealth Savings/Current Account

Wealth Savings/Current Account is a Premium Account offered only for Wealth Clients with add-on benefits viz. Free VISA Signature Debit Card, 5X Loyalty Rewards, Fee Waivers, 25% Concession on Locker Rentals and many more.

Sl.No Our Product Features
1 Debit Card related features  
a) Type of Debit Card Visa Signature Debit Card
b) Debit Card Charges: Issuance Charges/Annual Charges Nil
c) Reward Points/INR 200 spent 5X
d) Free add on Debit Card for Spouse/Joint Account Holder Yes #
e) Withdrawal Limit of Debit Card POS: INR 3 lakhs,
ATM: INR 1 lakh
f) Loss Liability INR 4 lakhs,
2 Credit Card Free for 1st Year
SBI Card - Elite (subject to eligibility)
3 Personal Accident Insurance (Death) Cover INR 10 lakhs
4 Locker Charges 25% Concession (1 Locker per Client)
5 Auto Sweep In/Out Yes for Multi Option Deposit
6 Demat Account No Opening Charges and 1st Year AMC
7 Non-Home Branch Cash Withdrawal No charges for self
8 Minimum Balance Charges Nil
9 SMS Alert Charges Nil
10 Phone Banking Services Debit Card replacement,
Duplicate PIN,
Cheque status,
Stop Payment,
Change in email id/mobile number
11 Remote Relationship Manager Yes for e-Wealth Clients
12 Transactions through Other Bank ATMs Unlimited free
13 Lifestyle Privileges Airport Lounge Access* and other Privileges from time to time.  
*2 Complimentary Access every quarter (Visa Signature Debit Card- Latest List and Validity available at VISA website)
14 Newsletter “SBI Wealth Investment Outlook” through
15 Other Banking Charges Benefits Nil for Cheque Returns,
No DD issuance and Cancellation Charges,
No charges for NEFT/RTGS/IMPS,
No Stop Payment charges,
No charges for Duplicate Passbook

*Unless otherwise stated, all transaction based concessions would be available only for transactions through Wealth Savings/Current Account of the Client.

*Minimum Balance charges shall be waived for Wealth Savings/Current Account only and not for the other accounts under the CIF of the Wealth Client.

#Terms and Conditions apply