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SBI Minimum Balance Rules: How Much Fine You Pay For Insufficient Funds

SBI savings bank account holders need to maintain monthly average balance Failure to maintain average balance will attract penalty Charges vary depending upon branch where savings bank account held

SBI levies the penalty applicable in case of non-compliance based on four categories
SBI levies the penalty applicable in case of non-compliance based on four categories
Do you hold a savings bank account in State Bank of India? India's largest bank SBI levies charges on its customers not maintaining specified amounts in their savings bank accounts. SBI, which revised last month the minimum balance requirements for maintaining savings accounts, levies the fine on the basis of branch location in which the customer has account. Such penalty by SBI varies depending upon where the customer holds the acco...
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