SBI cuts charges for non-maintenance of minimum balance

7 years ago

SBI cuts charges for non-maintenance of minimum balance

Mumbai: State Bank of India on Tuesday announced up to 75% reduction in charges levied on savings bank account customers for not maintaining the average monthly balance. SBI has also slashed charges for not-maintenance of Rs2,000 as ABM in bank accounts in semi-urban areas to Rs7.50-12 and Rs1,000 in accounts in rural area to Rs5-10. The state-owned lender has around 410 million savings bank accounts, of which around 160 million are exempted from AMB requirement. Exempted accounts are those related to Pradhan Mantri Jan Dhan Yojana, basic savings bank deposit account, and accounts of pensioners and minors, among others.

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SBI and PNB in talks with Karnataka govt for resolution over transaction suspension issue

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Which bank is charging how much for not maintaining minimum balance? Check details here

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SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure

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SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure

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SBI says loan demand is bouncing back as its shares outperform peers

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RBI imposes Rs 1 crore penalty on SBI over non-compliance

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SBI waives processing fee on home loans till August-end

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SBI waives processing fee on home loans till August-end

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SBI ATM Cash Withdrawal Rules, Charges to Change from Next Month. Details Here

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SBI ATM Cash Withdrawal Rules, Charges to Change from Next Month. Details Here

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SBI Alert: State Bank of India to revise rules for ATM cash withdrawal, chequebook charges from THIS date

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SBI Alert: State Bank of India to revise rules for ATM cash withdrawal, chequebook charges from THIS date

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SBI ATM cash withdrawal, chequebook charges changed for these account holders. Details here

3 years, 10 months ago

SBI ATM cash withdrawal, chequebook charges changed for these account holders. Details here

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SBI Reduces Home Loan Interest Rates. Check the Latest Rates

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SBI clarifies on excessive charges on transactions in zero-balance accounts

3 years, 11 months ago

SBI clarifies on excessive charges on transactions in zero-balance accounts

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SBI collects Rs 300 crore from zero balance accounts for certain services in 5-year: Study

3 years, 11 months ago

SBI collects Rs 300 crore from zero balance accounts for certain services in 5-year: Study

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SBI reduces home loan rates to 6.7%

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SBI reduces home loan rates to 6.7%

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SBI Card to enrol 'delinquent' customers in restructuring plans: MD

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Insufficient balance: How much SBI will charge for failed ATM transaction

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Insufficient balance: How much SBI will charge for failed ATM transaction

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SBI new ATM withdrawal rules: Transaction limits, charges and other details

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SBI new ATM withdrawal rules: Transaction limits, charges and other details

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SBI cuts savings bank deposit rates by 5 basis points to 2.70%

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SBI cuts savings bank deposit rates by 5 basis points to 2.70%

Cent

SBI cuts savings deposit rates by 5 bps to 2.7%

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SBI cuts savings deposit rates by 5 bps to 2.7%

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SBI cuts interest rates on fixed deposits by 40 bps | Check new rates

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SBI cuts interest rates on fixed deposits by 40 bps | Check new rates

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SBI cuts FD rates for second time in a month. Latest rates here

4 years, 10 months ago

SBI cuts FD rates for second time in a month. Latest rates here

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About 20% SBI borrowers avail loan repayment moratorium; banks can go for debt recast: Chairman Rajnish Kumar

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About 20% SBI borrowers avail loan repayment moratorium; banks can go for debt recast: Chairman Rajnish Kumar

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SBI to disburse Rs 700 cr to Mumbai circle MSMEs by June-end

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SBI to disburse Rs 700 cr to Mumbai circle MSMEs by June-end

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SBI waives service charges for all ATM transactions

4 years, 11 months ago

SBI waives service charges for all ATM transactions

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Jolt to SBI account holders: Bank reduces interest rate on savings account

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Jolt to SBI account holders: Bank reduces interest rate on savings account

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SBI cuts savings bank deposits interest rate by 25 bps to 2.75%; reduces lending rate by 35 bps

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SBI cuts savings bank deposits interest rate by 25 bps to 2.75%; reduces lending rate by 35 bps

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Bank savings accounts: No minimum balance charges for three months

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Bank savings accounts: No minimum balance charges for three months

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SBI cuts interest rate on savings bank accounts

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SBI cuts interest rate on savings bank accounts

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SBI waives minimum balance charges on all savings bank accounts

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SBI waives minimum balance charges on all savings bank accounts

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If you are SBI Bank account holder, then this news is important for you!

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If you are SBI Bank account holder, then this news is important for you!

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SBI Customers Attention! Bank to cut interest rates on its savings account from November 1; check details

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SBI Customers Attention! Bank to cut interest rates on its savings account from November 1; check details

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SBI customer attention! Know how much balance you need to keep in savings account or pay hefty penalty

5 years, 5 months ago

SBI customer attention! Know how much balance you need to keep in savings account or pay hefty penalty

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SBI home loans to get cheaper as bank reduces key lending rates

5 years, 5 months ago

SBI home loans to get cheaper as bank reduces key lending rates

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SBI cuts savings bank account interest rate, FD rates

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SBI cuts savings bank account interest rate, FD rates

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Attention SBI account holders! New bank service charges, penalties from today. Details inside

5 years, 6 months ago

Attention SBI account holders! New bank service charges, penalties from today. Details inside

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SBI account minimum balance, free cash withdrawal benefits: Key things to know

5 years, 6 months ago

SBI account minimum balance, free cash withdrawal benefits: Key things to know

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SBI minimum account balance and penalty charges: Key things to know

5 years, 6 months ago

SBI minimum account balance and penalty charges: Key things to know

Penalty

SBI account holders attention! Bank asks to maintain this much minimum monthly balance or pay hefty penalty

5 years, 6 months ago

SBI account holders attention! Bank asks to maintain this much minimum monthly balance or pay hefty penalty

Balance

SBI cuts interest rates on fixed deposits up to 0.5%

5 years, 7 months ago

SBI cuts interest rates on fixed deposits up to 0.5%

Interest Rates

SBI makes BIG announcement. Offers reduced rate of interest for home, car and personal loans

5 years, 7 months ago

SBI makes BIG announcement. Offers reduced rate of interest for home, car and personal loans

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SBI waives processing fee on car loans in festival season

5 years, 7 months ago

SBI waives processing fee on car loans in festival season

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SBI slashes deposit rates by 20-75 bps

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SBI slashes deposit rates by 20-75 bps

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State Bank of India waives IMPS, NEFT and RTGS charges

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State Bank of India waives IMPS, NEFT and RTGS charges

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SBI IMPS charges on fund transfer waived off

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SBI IMPS charges on fund transfer waived off

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SBI ATM withdrawal rules: Free transactions, charges and other details

5 years, 9 months ago

SBI ATM withdrawal rules: Free transactions, charges and other details

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SBI large savings accounts to fetch lower interest rate, short-term loans get cheaper

5 years, 9 months ago

SBI large savings accounts to fetch lower interest rate, short-term loans get cheaper

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SBI cuts home loan rate twice in a month

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SBI cuts home loan rate twice in a month

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SBI links interest rate of large savings accounts to repo rate: 5 points

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SBI links interest rate of large savings accounts to repo rate: 5 points

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To cut costs, SBI may rethink role of branches

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To cut costs, SBI may rethink role of branches

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SBI, Bank of Baroda savings accounts: minimum balance rules, penalty explained

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SBI, Bank of Baroda savings accounts: minimum balance rules, penalty explained

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