State Bank Of India Zero Balance Account

I am planning to open an account in the State Bank of India and heard about the Zero Balance Account want to know more about this. Will you provide details about State Bank Of India Zero Balance Account also tell what the features of that account also provide bank contact details?

[pawan]

State Bank of India is an Indian multinational, public sector banking and financial services company.

It is a government-owned corporation with its headquarters in Mumbai, Maharashtra

Zero Balance Savings Account

Where the account holder is free to operate the account without strings of maintaining a minimum balance

This type of savings account is offered by banks to specific category of customers such as salary account holders and on basis of Pradhan Mantri Jan Dhan Yojana (PMJDY) - a scheme from Government of India with a mission of financial inclusion. Do inquire with the nearest banking branch to ascertain your qualification.

Features of Zero Bank Savings Account

No condition of maintaining a minimum Monthly Average Balance or Quarterly Average Balance.
Free ATM/Debit card that can be used to transact worldwide.
Free cheque book of fixed amount of leaves per year. Subsequent request for cheque books are charged a nominal fee.
Complimentary passbook is issued as part of the welcome kit, at the time of opening the account.
Access to internet banking and online transactions and standard charges for payment transfers.
Specific number of free transactions every month,subsequent transactions are billed a nominal fee.
Special privileges and offers for salary account holders based on the category of company/institution.

Contact:

State Bank of India
State Bank Bhavan, Madam Cama Road
Mumbai-400021.

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431