sbi green rupee term deposit scheme

It is an initiative to mobilise funds for financing green activities and projects and developing green finance ecosystem in the country, by SBI.

Resident Individuals, Non- Individual and NRI Customers
Tenor (3):
1111 Days
1777 Days
2222 Days

10 bps below Card Rate for Retail and Bulk Deposit for respective tenor.

Present Effective Interest Rate(% p. a.) -

Interest Rate for Special categories of Customers: Senior Citizens/ Staff/ Staff Senior Citizens are eligible for additional Interest Rate over applicable Rate for public under the Scheme. The benefit of additional interest shall not be available to NRI Senior Citizens / NRI Staff.

Pre-mature withdrawal Allowed
Maturity Instructions: As applicable for Term Deposit/ Special Term Deposit

Loan facility: Loan/ Overdraft facility available against the Deposit

TDS: TDS is applicable as per Income Tax Rules

Conversion from existing TDR to SGRTD and vice – versa not allowed.
Presently, the scheme is available through branch channels and will be made available through YONO & INB shortly.

Accounts can be transferred to pan -India branches of SBI.