March 2018
12:10 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Main News
SBI reduces charges on non-maintenance of minimum balance
(Mumbai, Mar 13, 2018): The State Bank of India today reduced its charges on non-maintenance of an average monthly balance (AMB) in savings account by up to 75 per cent, effective April 1.

The charges for non-maintenance of AMB for customers in metro and urban centres have been reduced from a maximum of Rs 50 per month plus goods and services tax (GST), to Rs 15 per month plus GST. The above revision will benefit 25 crore bank customers.

For semi-urban and rural centres, the charges have been reduced from Rs 40 per month plus GST to Rs 12 and Rs 10 per month plus GST, respectively, the bank said in a release.

"We have reduced these charges taking into account the feedback and sentiments of our customers," SBI's managing director (retail and digital banking) P K Gupta said.

"The bank has always focused on keeping the interests of its customers first and this is one of our many efforts towards fulfilling customers' expectations," he said.

The SBI also offers its customers to shift from a regular savings bank account to basic savings bank deposit account (BSBD) on which no charges are levied.

A customer always has the option of converting the regular savings bank account to BSBD account free of charge, in case he desires to avail basic savings bank facilities without being subject to maintenance of AMB, Gupta said.

The lender has 41 crore savings bank accounts, out of which 16 crore accounts under the Pradhan Mantri Jan Dhan Yojna/ BSBD, and of pensioners/ minors/ social security benefit holders are already exempted from charges on non- maintenance of minimum balance.(PTI)

Rahul Gandhi targets PM Modi and Amit Shah in his most personal attack yet
KMAT Kerala Scheduled for June 24, Apply Before June 7
BJP spreading anger, hatred: Rahul
Jennifer Lopez narrates sexual harassment incident
Hillary Clinton fractures right wrist, treated in Jodhpur hospital
Daler Mehndi convicted in 2003 immigration scandal case
Pedestrian bridge collapses over Miami highway
CBSE Class 12 accountancy paper leaks via WhatsApp
BJP blighted in bypolls, loses all 3 seats in UP, Bihar
Samajwadi tightens grip on Gorakhpur, Phulpur seats
Relief for LDF govt in Shuhaib murder case
Uttar Pradesh bypolls: Samajwadi leading in Gorakhpur, Phulpur
IndiGo cancels 47 flights after DGCA grounds planes with faulty engines
Advisor to Delhi CM Arvind Kejriwal resigns
Watch Video: Sangh Parivar fury targets hospital near Bishop's House
Over 50 killed in Nepal plane crash, says official
Forest Fire: Garud commandos, helicopters pressed into service
Forest Fire: Garud commandos, helicopters pressed into service
No let up in protests in Lok Sabha, proceedings stalled again
Modi, Macron inaugurate UP's biggest solar power plant
BJP leaders meet Mani at home
 (Kottayam, Mar 17, 2018, DG): BJP leaders visited Kerala Congress veteran KM Mani's house on  
Lorries crash into each other at Kuravilangad, 2 killed
Nisha's controversial book: Jose.K.Mani responds to media
Three stars may be opened, Sudheeran warns govt
Turkey-backed forces take 'total' control of Afrin
 (Ankara, Mar 18, 2018):Turkish-backed Syrian rebels have taken total control of the centre of
Crushed hopes greet Aung San Suu Kyi in Australia
Mauritius: Ameenah Gurib-Fakim resigns over credit card scandal
Trump fires former FBI deputy director Andrew McCabe
Sonia targets Modi, accuses him of making hollow promises
 (New Delhi, Mar 17, 2018): Former Congress president Sonia Gandhi today launched an all-out a
Rape attempt on university student
Congress urges EC to revert to paper ballots
Gorakhpur DM among 37 IAS officers shuffled in UP
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.