Does SBI have a family banking program like HDFC Imperia family banking?

[joell]

I currently hold no relationship with SBI. I'm planning on opening an account soon. My family has a heavy relationship with SBI (around 50L TRV). I've HDFC Imperia through my mom's Imperia account under family grouping.
1) Does SBI have a similar program for grouping? Something that has benefits like Nil Debit card AMC, Nil IMPS, Demat AMC etc (most applicable for me)?
2) How many people can you add to the group? Can grandparents be added? ie 3 generations.
3) What was your experience like?

I looked into SBI Wealth Family but on the website, it mentions only Wealth Client, His/her Spouse and Major Children.

 

[sadhunath]

SBI has something called SBI Rishtey which is their version of family banking.

I'm sure SBI Wealth can also be used for SBI Rishtey, but the thing is, there's hardly any benefits of availing this.

 

[newIntern]

I currently hold no relationship with SBI. I'm planning on opening an account soon. My family has a heavy relationship with SBI (around 50L TRV). I've HDFC Imperia through my mom's Imperia account under family grouping.
1) Does SBI have a similar program for grouping? Something that has benefits like Nil Debit card AMC, Nil IMPS, Demat AMC etc (most applicable for me)?
2) How many people can you add to the group? Can grandparents be added? ie 3 generations.
3) What was your experience like?

I looked into SBI Wealth Family but on the website, it mentions only Wealth Client, His/her Spouse and Major Children.

1. Yes they do, but is it really beneficial, to best of my knowledge, IMPS is free to all, but are you really okay with keeping 20-30L with them only to wave off 250-300rs charge? their Demat or the apps they have are also not that good, why not use something like groww if you want no AMC.
2. Usually 5-6 members , so far I havent seen the option about grand parents.
3. I dont do much banking with them, but all my family members do have accounts with them, more or less they are okay, from past few years they are improving, they are trying to replace older staff younger people since they are relatively good with tech. havent tried thei customer support though.

 

[joell]

SBI has something called SBI Rishtey which is their version of family banking.

I'm sure SBI Wealth can also be used for SBI Rishtey, but the thing is, there's hardly any benefits of availing this.

We don't have a salary acc with SBI. Rishtey is a salary account based from what I've read. am I wrong?

okay with keeping 20-30L with them only to wave off 250-300rs charge? their Demat or the apps they have are also not that good, why not use something like groww if you want no AMC.

My grandparents have term deposits in that range with SBI. I was planning on upgrading their account and adding myself to the group to avail those benefits. ik that's how it works for HDFC but idk about SBI

 

[sadhunath]

We don't have a salary acc with SBI. Rishtey is a salary account based from what I've read. am I wrong?


My grandparents have term deposits in that range with SBI. I was planning on upgrading their account and adding myself to the group to avail those benefits. ik that's how it works for HDFC but idk about SBI

Yes. You are right. Rishtey isn't for you. But there's SBI Wealth for Family Clients.


Eligibility

Existing to Bank (ETB) Client/New to Bank (NTB) Client: TRV of INR 50 Lacs.

Wealth Family includes the following members:

• Wealth Client,
  
  
• His/her Spouse and
  
  
• Major Children