Go Back   2020 2021 Student Forum > Management Forum > Main Forum > Minimum balance in State bank of India

Thread: Minimum balance in State bank of India Reply to Thread
Your Username: Click here to log in
Send Trackbacks to (Separate multiple URLs with spaces) :
Post Icons
You may choose an icon for your message from the following list:

Additional Options
Miscellaneous Options

Topic Review (Newest First)
7th December 2015 11:29 AM
Re: Minimum balance in State bank of India

Here below I am providing you with all the details of a basic saving account with State Bank of India:

This account can be opened by any individual above 18 years old, provided he/she has suitable KYC documents. Primarily supposed for poorer sections of society to encourage them to start saving with no burden of charges or fees.

Eligibility Criteria

As relevant to regular Savings Bank Account

KYC requirement

The account will be KYC submissive.

Mode of Operation

Singly, jointly, or with E or S, F or S, anyone or Survivor etc facility.

Available at

All branches of SBI

Minimum balance amount


Maximum balance /amount

No higher limit

Rate of Interest

As appropriate to Savings Bank Accounts

Operations in the Account

Cheque book will be issued where Mobile No. of the account owner is recorded.
ATM-cum-debit card will be provide.

Service Charges

ATM-cum-Debit card will be provided free of cost and no yearly maintenance charge will be applied.
Receipt/ credit of currency through electronic payment channels like NEFT/RTGS will be free
Deposit/ collection of cheques drawn by Central/State Government will be free of charge
No charge on commencement of inoperative accounts

Charges for availing services other than those covered here

Regular charges will be relevant on services extended beyond those mentioned above
7th December 2015 11:28 AM
Re: Minimum balance in State bank of India

I would like to know the minimum balance to be kept for a saving account with State bank of India as I would like to open account for my son?
22nd June 2015 08:15 AM
Minimum balance in State bank of India

I am going to open an account at the State bank of India. but I have no idea about how much Minimum balance needed to remain in the account. so will you please tell me about the how much Minimum balance needed to remain in the account at the State bank of India? Give me the online application form of it?

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT +5. The time now is 07:32 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3