SBI's Current Bank Account: Mode Of Operation, Minimum Average Balance And Other Details

Any individual who owns a valid KYC (Know Your Customer) documents can open a SBI current account, said the country's largest lender on its portal- sbi.co.in.  No rate of interest is available on this account.  The monthly average balance (MAB) requirement for personal banking branch is Rs. 10,000 while for non-rural it is Rs. 5,000. For rural branch, it is Rs. 2,500, said SBI. There is no maximum balance limit on SBI's current ...