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SBI Small Savings Account: Interest Rates, Eligibility And Other Details

Interest rates of SBI's small account are similar to that of regular savings bank accounts.
Interest rates of SBI's small account are similar to that of regular savings bank accounts.
State Bank of India (SBI), the country's largest lender, offers the facility of small account, which is for customers who do not have KYC (Know Your Customer) documents. However, there are many restrictions in operation of the account due to the relaxed KYC norms, said SBI on its official website - sbi.co.in. This type of account is primarily meant for poorer sections of society to encourage them to start saving without any burden of...
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