A lien amount in SBI (State Bank of India) refers to a specific sum of money in your bank account that is temporarily blocked or frozen by the bank. This amount cannot be withdrawn or used until the lien is lifted or removed by the bank or the concerned authority

Key Points About Lien Amount in SBI:

• What it is: A lien amount is a hold placed on funds in your account, making them inaccessible for withdrawal or transfer until the reason for the lien is resolved

• Why it is imposed: SBI imposes liens for various reasons such as securing loan repayments, holding funds for IPO applications (ASBA), virtual card transactions, overdue EMIs, tax liabilities, cheque clearance issues, pledged fixed deposits, or legal orders

• Types of liens: These include bank liens (for dues), customer-initiated liens (for overdrafts or loans), legal liens (court or government orders), system-generated liens (pending transactions), and third-party liens (guarantees for others’ loans)

• How to check: You can check the lien amount on your account summary page via SBI Netbanking or the SBI YONO app

• How to remove: The lien is removed once the underlying issue is resolved - for example, after loan repayment, IPO allotment completion, or virtual card expiry/cancellation

Example:

If you apply for an IPO through SBI using ASBA, the bid amount is put on lien (blocked) in your account until the IPO allotment is finalized. If you get the allotment, the amount is debited; if not, the lien is released automatically

. In summary, the lien amount is a temporary hold on funds in your SBI account imposed for security or regulatory reasons, and it is released once the related obligation or condition is fulfilled