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Deposit Products

 

 
State Bank of India, Maldives offers various Deposit products to suit the varying needs of the customers. We offer
-       Term Deposit Account
-       Savings Bank Account
-       Current Account
The features of the various accounts are as follows:
 
Term Deposit Account
 
Attractive & Competitive Interest Rates
Minimum deposit as low as Mrf 10000 or USD 1000
Choice of tenor - 3 - <6 / 6 - <24 / 24 -<48 / 48 - <36 months
Joint Account Facility
Encashable anytime (conditions apply)
Loan facility against deposit
 
Savings Bank Account 
 
Initial Deposit of Mrf 1000 or USD 100
Attractive & Competitive Interest Rates
Low minimum daily balance of Mrf 1000 or USD 100
No maintenance charges
Joint account facility available
Free SBI International ATM Debit Card (MasterCard enabled)
Internet banking facility available
 
Current Accounts
Initial Deposit of Mrf 10000 or USD 2000
Internet banking facility available
Free SBI International ATM Debit Card (MasterCard enabled) for Individual accounts
Low minimum daily balance of Mrf 10000 or USD 2000