10 Things To Know About SBI Minimum Balance Requirements

SBI customers holding savings accounts in metro and urban branches are required to maintain a MAB of Rs 3,000. Customers with accounts in semi-urban areas are required to maintain an average monthly balance of Rs 2,000. Customers with accounts in rural areas are required to maintain a minimum balance of Rs 1,000. Customers failing to meet the MAB requirements have to bear a penalty charge, the amount of which depends on factors ...