Individual Clients - Wealth Management
Individual Clients
Individual Clients
|
Existing to Bank (ETB) Client
|
New to Bank (NTB) Client
|
|---|---|
| Minimum TRV* of INR 50.00 Lacs. | Initial Deposit/Investment of INR 30.00 lakhs (to be increased to minimum INR 50 Lacs within one year from the date of onboarding). |
| Net monthly salary credit of INR 2 lakhs & above credited to SBI Account. | Opening a salary account with SBI with net monthly salary credit of INR 2 lakhs and above. |
| SBI Home Loan of INR 2.00 Crore & above. | Newly sourced Home Loan of INR 2.00 Cr. |
| SBI Auto Loans of INR 30 Lacs & above. | Newly sourced Auto Loan of INR 30 Lacs. |
| SBI Education Loan of INR 30 Lacs & above. | Newly sourced Education Loan of INR 30 Lacs. |
*Definition of TOTAL RELATIONSHIP VALUE
Total Relationship Value (TRV) shall include:
- CASA
- TD/ STD
- Mutual Funds acquired through SBI acting as distributor.
- PMS/AIF acquired through SBI acting as distributor.
- Bonds purchased via SBI,
- Demat balance held with SBI Securities Ltd.
- SBI Life Total Premium Paid (for policies sourced through SBI Wealth/Premier)
Last Updated On : Thursday, 05-09-2024
Interest Rates
6.95%
2 years to less than 3 years
6.00% p.a.
for loan amount up to Rs. 2 lacs
8.15% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs




