SBI Digital Savings Account
Digital savings account for eligible resident individuals with digital onboarding and SBI banking access.
Key Benefits
Digital account operation; option to convert to normal savings account after applicable process; email/audio-visual statement; Green PIN for ATM.
Eligibility
Resident Indian individual above 18, capable of contracting, without tax liability outside India; valid Aadhaar, PAN, mobile and email requirements apply.
Documents Required
Aadhaar and PAN; e-KYC and other KYC requirements as specified by SBI.
Fees & Charges
Cheque book charges as applicable to normal savings account; annual debit-card maintenance as per extant guidelines.
How to Apply
Apply through SBI digital process/YONO and complete required KYC.
Frequently Asked Questions
Who is eligible?
SBI states that resident Indian individuals over 18 meeting its conditions can open the account.
Is a joint Digital Savings Account permitted initially?
SBI states that joint account or joint mandate is not permitted for the Digital Savings Account.