Wednesday, 11 March 2020

SBI waives minimum monthly balance on savings accounts

SBI waives minimum monthly balance on savings accounts


SBI is the largest commercial bank in terms of assets, deposits, branches, customers and employees. The charges on maintaining AMB are now waived off on all 44.51 crore SBI savings bank accounts. Earlier, the minimum requirement was to maintain Rs 1000 in all saving bank accounts but now it is zero.

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