SBM Account Basics and Features
All about your account and its features!
Niyo SBM is an interest-earning (up to 7.25%) savings bank account. We are offering this savings account in partnership with SBM (State Bank of Mauritius) B...
Mon, 20 May, 2024 at 3:35 PM
SBM (State Bank of Mauritius) is a leading international bank with a major presence in Mauritius, Kenya, and Madagascar. They started operating in India i...
Thu, 23 Nov, 2023 at 3:14 PM
The Niyo SBM account with SBM is as safe as any traditional bank. Your money gets safely deposited with SBM (State Bank of Mauritius). This savings account ...
Mon, 11 Mar, 2024 at 12:43 PM
Click on “Bank” (bottom of the screen - this will take you to the savings account screen). Select "SBM Savings account" Click on “Add Mone...
Mon, 11 Mar, 2024 at 12:53 PM
To be eligible to apply for this account, you must: Be a resident Indian (NRIs and foreign citizens cannot open this account). Be 18 years of age or a...
Thu, 23 Nov, 2023 at 3:15 PM
There are very few charges on the Niyo SBM Account. ATM charges for the debit card: Domestic ATM Withdrawal: If you use an SBM ATM, there are no charg...
Tue, 7 May, 2024 at 4:08 PM
Yes, you can. You can open a Niyo SBM account even if have an existing account with SBM. We will ensure that your customer ID remains the same when you open...
Mon, 11 Mar, 2024 at 12:55 PM
There are many benefits of having the Niyo SBM savings account. This is a zero-balance account (no requirement of maintaining a specific monthly balanc...
Mon, 20 May, 2024 at 3:36 PM
There are no minimum or maximum balance requirements/limits with this account. This is a zero-balance account (no requirement of maintaining a specific mont...
Thu, 23 Nov, 2023 at 3:17 PM
Bank Name: "SBM Bank India Limited" (use this name for any third-party UPI apps). Bank Address: 101, Raheja Centre 1ST Floor, Free Press Journal ...
Thu, 23 Nov, 2023 at 3:18 PM