State Bank of India

State Bank of India

Phone: 0800 532 532 ( Local),+44 (0)20 7454 4338(Int)
Email: customerservices@sbilondon.com
Name

Jumbo Junior Instant Access Savings Account

Category
Savings Account
Description
Introduce a child to the habit of saving early with the SBI UK Jumbo Junior Instant Access Saving Account, and they will receive a free Jumbo Junior Coin Bank.†
Interest Rate
1.98% gross monthly, 2.00% gross AER* (variable)
Minimum Balance
£500
Service Charge
Interest will be paid after deduction of income tax at a rate specified by law, which is currently 20%. However, we will be able to pay gross interest to the account subject to completion of HM Revenue and Customs form R85 by the child’s parent or guardia
Conditions
There is no bonus available on this account.
There is no notice period or penalty for withdrawal.
Featured
Yes
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