Personal Savings

Choose the Savings Account That Meets Your Financial Needs

We understand the importance of saving for your future. Our Personal Savings Accounts are designed to help you achieve your financial goals with ease and security. Whether you're saving for a big purchase, planning for retirement or simply looking to build an emergency fund, our accounts offer competitive interest rates, flexible terms and convenience access to your funds. Let State Bank of India (California) be your trusted partner in managing your savings and securing your financial future. 

Personal Savings Account Features & Benefits*

Our checking accounts are packed with features and benefits designed to make managing your finances easier and more convenient.

• Interest Earning¹

• 24/7 Access with Online and Mobile Banking

• eStatements 

• Minimum Balance to Open and Obtain APY: $25

• Monthly Maintenance Fee: $10

• Account Transactions Per Month: No restrictions

• You Earn (APY¹): 0.30%

• Monthly maintenance fee waived with $100 minimum daily balance maintained.

 Open a Personal Savings Account Online

Hi-Yield Advantage Savings

Offering significantly higher interest rates compared to traditional savings accounts, our High-Yield Savings accounts allow your money to grow faster over time. They are an excellent option for those looking to maximize their savings while maintaining easy access to their funds. 

Learn More About High-Yield Savings Accounts

Money Market Options

We offer Money Market Deposit Accounts that combine the benefits of high-interest rates with the flexibility of easy access to your funds. These accounts are a great option for customers looking to maximize their savings while maintaining liquidity.

Learn More About Money Market Options 

¹APY refers to Annual Percentage Yield and is accurate as of 7/03/2024. Interest is compounded daily and paid monthly. Interest is calculated and accrued daily based on the daily collected balances in the account. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (i.e., checks). If you close your account before interest is credited, you will not receive the accrued interest. The account requires a minimum opening deposit based on tier and APY and is listed above. Rates may change at any time without prior notice, before or after the account is opened.  Fees and charges may reduce earnings on the account. For further information about terms and conditions, see the Personal Banking Schedule of Fees and Charges and Terms and Conditions of Your Account, call toll-free 1.877.707.1995 or visit a location near you.