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At SBI, You Don't Need To Maintain Minimum Balance In These Accounts

At SBI, You Don't Need To Maintain Minimum Balance In These Accounts

Saturday, April 15, 2017, 1:37 PM

SBI has said it is exempting its customers holding certain account types from maintenance of average monthly balance. Such accounts include small savings bank accounts, basic savings bank accounts and Jan-Dhan accounts, or the accounts opened under the government's financial inclusion scheme Pradhan Mantri Jan-Dhan Yojana or PMJDY. Besides, SBI is also offering corporate salary accounts without the requirement to maintain minimum monthly balance.
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