SBI Zero Balance Account Rule, Interest Rates, Other Details

State Bank of India (SBI) offers the facility of opening zero balance account, where average monthly balance (AMB) rule is not applicable. Average monthly balance (AMB) is the minimum average of deposits required by the bank customers in their savings bank accounts. One of the zero balance accounts offered by SBI is basic savings bank deposit (BSBD) account, where the customer is not required to maintain any minimum monthly balance. ...