Wealth has a tendency to get spent. Hence protecting and nurturing it in safe custody is essential. With SBM Private Wealth Fixed Deposit, you get to leverage upon a best of both worlds scenario – lucrative interest rates with low risk.

You can create your fixed deposit through Internet Banking or Phone Banking within minutes, and invest with ease towards any goal of your choice.

Winning features with real benefits

Fixed Deposits in flexible tenures starting from a minimum of 7 days to a maximum of 10 years.

Diverse periods to
choose from

Open an FD in single or joint name via Internet banking, phone banking, or by visiting the branch.

Multiple opening
modes

Earn attractive returns varying across short-term, medium-term and long-term investment tenures.

Competitive interest
rates

Open your FD within a few minutes without any tedious paperwork.

Hassle-free
process

Opt for monthly/quarterly interest pay-outs, compounded interest or reinvestment of interest and principal amount upon maturity.

Choice of schemes

Transfer funds from your savings account to your FD to earn additional interest.

Seamless transfer

Nominate an individual as a nominee for your fixed deposit.

Nomination facility

In case of immediate funds required to meet an emergency, you can choose to prematurely close your FD. A premature closure penalty calculated as per the system would apply.

Premature encashment

Avail a loan anytime against the amount in your FD account.

Loan facility
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