State Bank of India
Savings Account
SBI Insta Saving Account
Digital savings account available through YONO for eligible resident individuals.
—Interest Rate
₹1,00,000Balance / Limit
—Initial Deposit
YONO by SBI app / SBI YONO portalOpening Mode
Bank / LenderState Bank of India
Product TypeSavings Account
Interest Rate—
Minimum Balance₹1,00,000
Tenure—
Account OpeningMinimum balance as defined for normal Savings Bank Account; maximum balance ₹1 lakh; annual credit summation limit ₹2 lakh.
EligibilityResident Indian individual above 18 with capacity to contract and without tax liability outside India.
Key Benefits
Can be opened through YONO; digital onboarding.
Eligibility
Resident Indian individual above 18 with capacity to contract and without tax liability outside India.
Fees & Charges
Minimum balance as defined for normal Savings Bank Account; maximum balance ₹1 lakh; annual credit summation limit ₹2 lakh.
How to Apply
Open through YONO by SBI app or SBI YONO portal.
Frequently Asked Questions
What is the maximum balance?
SBI states that the maximum balance is ₹1 lakh.
Where can it be opened?
SBI states that it can be opened through the YONO by SBI app or SBI YONO portal.
Source: Official bank website · Last verified 2026-08-31