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SBI Small Savings Account: Eligibility, Interest Rates And Other Details
04 Aug 2019, 06:10 PM IST i

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Customers do not require to maintain an average minimum balance (AMB) in SBI's small account.
SBI or State Bank of India offers 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, according to SBI's website. This type of account is primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees, noted SBI. However, upon submission of KYC doc...
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