eTDR/eSTDRFrequentlyAskedQuestions

1. CanIopenaTermdepositaccountthroughInternetbanking?
Yes,ifyouhaveInternetbankingusernameandpassword,andatleastonetransactionaccount
mappedtotheusername.
2. Whatistheminimumtenureforanonlinedeposit?
Asageneralruletheminimumtenureforatermdepositis7daysandthemaximumis10years.
HoweverBothTDRandSTDRareboundbythefollowingminimumandmaximumtenures.Minimum
tenureis7daysforTDRand180daysforSTDRandMaximumtenureis3650daysforTDRand
STDR.
3. Whataretheinterestratesforatermdeposit?
Theinterestratesvaryfromtimetotime.Youcanviewthelatestinterestratesbyclickingon"View
currentinterestrate"linkprovidedineTDR/eSTDRrequestpage.
4. Whatistheminimumamountforatermdeposit?
YoucanopenatermdepositwithanominalamountofRs.1000/,howeverminimum&maximum
amountlimitmayvaryfordifferentproductcodes.
5. CanIgenerateatermdepositadvice?
Yes,youcangenerateandprintatermdepositadvicecontainingallyourrelevantdetails.
6. Inwhosenamewillthetermdepositaccountbeopened?Whatisthemodeofoperation?
Thename(s)andmodeofoperationandbranchofnewlygenerateddeposita/cwillbesameasindebit
a/c,fromwhichtermdeposita/cisfunded.
7. Howisthematurityamountcalculated?CanImakeenquirybeforeopeningeTDR/eSTDR?
Thematurityamountisbasedonthetenor&typeofa/cselectedbycustomer.Youmayenquirethe
maturityamount,maturitydateandrateofinterest,withoutopeningeTDR/eSTDRthroughEnquiry
tabavailableineTDR/eSTDRpage.
8. WhatarethetypesofaccountsfromwhichIcandebitanamountforthedeposit?
Youcandebitasavings,current,orODaccounttoopentermdeposit.Theaccountselectedfor
debitingshouldbevalidtransactionala/cthroughInternetBankingchannelandshouldnotbea
stopped/dormant/lockedaccount.
9. HowcanIreneworprematuremydeposita/c.?
TheSpecialtermdeposita/cwillbeautomaticallyrenewedatthetimeofmaturityifyoudonot
approachBranchforpayment/renewalonmaturity.Forprematurityofdeposita/cyoumayuse'close
a/c'tabundereTDR/eSTDRlink.Thematurityproceedswillautomaticallytransferyourdebita/cfrom
whicheTDR/eSTDRwasoriginallyfundedatthetimeofopening.
10. CanIclosemyeTDR/eSTDRinstantlythrough'closea/c'tab?
Yes,youmaycloseyoureTDR/eSTDRinstantlyifrequestisinitiatedbetween08:00AMISTto08:00
PMIST.Requestinitiatedbeyondthisperiodwillbescheduledfornextopeninghoursie08:00AM
IST.
11. CanIcloseTDR/STDRopenedatthebranch?
No,OnlyeTDR/eSTDRcanbeclosedthrough'closea/c'tab.TDR/STDRopenedatbranchcanbe
closedatbranchonly.

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12. CanIopenonlinetermdeposita/cforanyothername(s),notbelongingtodebita/cfromwhich
termdeposita/cisfunded.
No,Youmaycontactthebranchforthesame.
13. CanItransferthematuritymoneytoanyofmyaccounts?
No,maturityamountortheamountpayablebeforematuritywillbetransferredonlytothedebitaccount
fromwhichitwasfunded.
14. Canseniorcitizenavailadditionalrateofinterestontermdeposit?
Yes,SeniorcitizencanalsoavailadditionalrateofinterestineTDR/eSTDR.Thedateofbirthin
Bank'srecordwillbeconsideredforagecalculation.Theminimumdaysandminimumamount
applicableforadditionalrateofinterestforseniorcitizenwillbeasperBank'spolicy.Incaseofjoint
accounts,theSeniorCitizenbenefitcanbeavailedonlyifthefirstaccountholderqualifiesforthis
benefit.
15. WhatisthevalidityofadviceautomaticallygeneratedthroughSBIonlinebankingsystem?
Theadviceisequallyvalidasprovidedbybranch.InternetBankingcustomersareadvisedtotake
printoutoftermdepositadviceaftergenerationofdeposita/c.HoweverifpresentedattheBranchfor
payment,Branchwillverifyallthedetailsshowninadvicebeforeproceedingfurther.
16. HowcanIaddnomineesinTermDeposita/c?
WhileopeninganeTDR/eSTDR,youwillbeprovidedwithanoptiontoretainthenominee(s)forterm
deposita/casindebita/cfromwhichitisfunded.
17. CanIaddanewnomineeonline?
No,youwillhavetovisityourbranchforaddinganewnominee.
18. IsthereanycutofftimeforcreatingeTDR/eSTDRonline?
Yes.eTDR/eSTDRcanbecreatedonlinefrom8:00AMISTto8:00PMIST.Requestsinitiated
beyondthisperiodwillbescheduledforthenextopeninghours.

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