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State Bank of IndiaSavings account

SBI Savings Plus Account

An SBI savings account linked to Multi Option Deposit Scheme (MODS), automatically moving qualifying surplus balances into term deposits.

First-party evidencePublished researchReviewed September 9, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Balance / relationshipNo monthly average balance requirement; auto-sweep triggers above the reviewed ₹50,000 threshold, with transfer/reverse-sweep rules set by SBI.
Cost / chargesMonthly Average Balance is listed as NIL on the reviewed product page; cheque leaves and other services can have charges beyond published free allowances.
Limits / allowancesReviewed terms state a ₹50,000 sweep threshold, minimum ₹15,000 transfer to MOD in ₹5,000 multiples and ₹35,000 minimum resultant savings balance after auto sweep.
Ongoing relationship ruleSavings account plus linked SBI Multi Option Deposits.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

1 first-party source
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: January 7, 2027.

Critical decision facts

Start with the ongoing account relationship, then price the access layer.

Balance or salary conditions, charges, allowances and downgrade rules can matter more than a promotional benefit.

01 · Balance / relationshipNo monthly average balance requirement; auto-sweep triggers above the reviewed ₹50,000 threshold, with transfer/reverse-sweep rules set by SBI.
02 · Cost / chargesMonthly Average Balance is listed as NIL on the reviewed product page; cheque leaves and other services can have charges beyond published free allowances.
03 · Limits / allowancesReviewed terms state a ₹50,000 sweep threshold, minimum ₹15,000 transfer to MOD in ₹5,000 multiples and ₹35,000 minimum resultant savings balance after auto sweep.
04 · Ongoing relationship ruleSavings account plus linked SBI Multi Option Deposits.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Cost / chargesMonthly Average Balance is listed as NIL on the reviewed product page; cheque leaves and other services can have charges beyond published free allowances.
Balance / relationshipNo monthly average balance requirement; auto-sweep triggers above the reviewed ₹50,000 threshold, with transfer/reverse-sweep rules set by SBI.
Core benefitsATM card, internet/mobile banking, SMS alerts and automatic MOD creation from qualifying surplus funds.
Limits / allowancesReviewed terms state a ₹50,000 sweep threshold, minimum ₹15,000 transfer to MOD in ₹5,000 multiples and ₹35,000 minimum resultant savings balance after auto sweep.
EligibilityIndividuals with valid KYC documents, including permitted single/joint operating modes.
Ongoing relationship ruleSavings account plus linked SBI Multi Option Deposits.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

SBI savers who want an automatic sweep structure rather than leaving qualifying surplus entirely in the savings balance.

Verify before relying
  • The sweep mechanics can change the liquidity/interest treatment of money above the threshold.
  • Premature or reverse-sweep rules should be understood before relying on the deposit yield.
  • Current deposit rates are separate from the account feature itself.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

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First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcesbi.co.in
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.