Any corporate legal entity is eligible. You will need a Sberbank current account in Indian rupees. If you are not yet a client, please get in touch. Our team will guide you through the onboarding process.

Seven days. The full rate matrix by amount and tenor is available at sber.bank.in/tariffs-and-conditions.

Rates depend on the deposit amount and tenor. For eligible parameters, the current rate reaches 7% per annum. All current rates are published at sber.bank.in/tariffs-and-conditions.

At maturity, automatically. Interest is calculated on a daily basis. Tax (TDS, 10%) is withheld and remitted to the tax authority by the bank.

Yes, in-branch only. A penalty applies: the rate is recalculated at the lower of the contracted rate and the rate applicable to the actual deposit term, minus 1%. Early closure is not available if the deposit is pledged as collateral.

Yes, in-branch, subject to internal approval. Not permitted if the deposit is pledged as collateral. A penalty applies: the rate is recalculated at the lower of the contracted rate and the rate applicable to the actual deposit term, minus 1%.

No. Additional funds can be placed by opening a new deposit.

Yes, via Sber Internet Banking.

Yes. Funds must be in your Sberbank account to open a deposit. If you already have access to online banking, all deposit management functions will be available there.

Yes. Sberbank India operates in full compliance with all applicable Indian laws and RBI regulatory requirements, including deposit protection standards.

Yes, as security for Sberbank credit products, including loans and letters of credit. In such cases, early closure or partial withdrawal is not permitted until the obligation is discharged