SBI saving accounts: You need to this maintain average monthly balance; check penalty
The SBI website-- sbi.co.in, has listed out guidelines on the average monthly balance rules applicable to its savings bank accounts, and if the same is not maintained, there is a provision of penalty charges.
The SBI branches are classified into rural, urban, semi-urban and metro categories, and its savings account holders are required to maintain a monthly average of Rs 1,000-3,000 to avoid any penalty charges.Image source: PTI