Good News From SBI On Minimum Balance

Apr 15, 2017, 12:10 IST

SBI on Saturday announced exemption for three categories of customers from maintaining minimum balance in their savings accounts.

Mumbai: Here is some good news for customers of State Bank of India (SBI) on the issue of maintaning minimum balance.

The bank on Saturday clarified that three categories of customers maintaining savings account with SBI are completely exempt from penalty. They include customers with Corporate Salary Package, Small and Basic Savings Bank Account and Pradhan Mantri Jan Dhan Yojna. These customers are exempt from maintaining minimum balance in their accounts.

Account holders of the following types of accounts are exempt from requiring to maintain an average monthly balance: pic.twitter.com/61U8QNu7xR

— State Bank of India (@TheOfficialSBI) April 11, 2017

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sbi minimum balance

Pradhan Mantri Jan Dhan Yojna

Corporate Salary Package

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