Free SBI Gold International ATM Debit Card (MasterCard enabled)
Customers can transact using the Bank’s ATMs, and at Points of Sale (POS) which accept MasterCards.
Cash withdrawals through ATM and POS transactions will be limited to a daily ceiling of SGD 3000 and SGD 2000 respectively.
No Cheque Book will be issued. Cash withdrawals through the branch are permitted if the customer makes the requisition in person.
Depositors under the scheme are eligible for SBI ATM cum Debit card. Transactions on SBI ATMs, ATMs under ATM5 network in Singapore and at the various Point Of Sale (POS) in Singapore which accept MasterCard are free.
Depositors under the scheme shall not be eligible for Internet Banking facility.
Deposits are covered under SDIC upto the eligible limit
Individuals of the age of 18 years and above are eligible to open a Basic Savings Account.
Minors of ages 15,16 &17 are also eligible to open a Basic Savings account but this needs to be opened in name of minor & parent / legal guardian aged above 21 years old. ATM facilities will be given only to the parent / legal guardian aged above 21 years old.
Minors below the age of 15 are not permitted to open a Basic Savings account i.e. minimum entry age for Basic Savings Account is 15 years old.
Applicable to Singaporeans, Permanent Residents of Singapore as well as Foreigners.