Last Updated : Apr 22 2019 8:06PM     Screen Reader Access
News Highlights
Sri Lanka: Death toll in serial blasts rises to 290            All arrangements in place for tomorrow's polling for 3rd phase of LS elections            Congress announces its candidates for six of seven Lok Sabha seats in Delhi            Rahul Gandhi expresses regret over his remarks on Rafale verdict in SC            IPL: Rajasthan Royals takes on Delhi Capitals this evening           

Business News

Mar 13, 2018
1:44PM

SBI slashes minimum balance charges by up to 75%

State Bank of India, SBI has cut down the charges for non-maintenance of average minimum balance in its savings accounts by up to 75 per cent. 

The new charges, which will benefit about 25 crore bank customers, comes into effect from 1st of next month. 

The bank said in a release that customers in metro and urban centres will now have to pay Rs. 15 per month plus GST.  Earlier the charges were Rs. 50 per month plus GST. 

According to release, for semi-urban centres, the charges have been reduced from 40 to 12 Rs per month plus GST and for rural centres, from 40 to 10 Rs per month plus GST.

SBI's managing director, retail and digital banking, P K Gupta said, the charges have been reduced taking into account the feedback and sentiments of bank's customers.

The lender has 41 crore savings bank accounts, out of which 16 crore accounts under the Pradhan Mantri Jan Dhan Yojna or basic savings bank deposit account and of pensioners, minors, social security benefit holders are already exempted from charges on non- maintenance of minimum balance.

   Related News

PM’s Exclusive Interview to DD News

Live Twitter Feed

Listen News

Morning News 22 (Apr) Midday News 22 (Apr) News at Nine 21 (Apr) Hourly 22 (Apr) (1800hrs)
समाचार प्रभात 22 (Apr) दोपहर समाचार 22 (Apr) समाचार संध्या 21 (Apr) प्रति घंटा समाचार 22 (Apr) (1900hrs)
Khabarnama (Mor) 22 (Apr) Khabrein(Day) 22 (Apr) Khabrein(Eve) 21 (Apr)
Aaj Savere 22 (Apr) Parikrama 22 (Apr) Lok Ruchi Samachar 21 (Apr)

Listen Programs

Market Mantra 22 (Apr) Samayki 21 (Apr) Sports Scan 21 (Apr) Spotlight/News Analysis 21 (Apr)
    Public Speak

    Country wide 28 (Mar) Surkhiyon Mein 4 (Apr) Charcha Ka Vishai Ha 17 (Apr) Vaad-Samvaad 16 (Apr) Money Talk 16 (Apr) Current Affairs 22 (Mar)