SBI: No Need For Minimum Balance
The SBI has announced that there is no need maintain minimum balance for some specific types of accounts. On 1st April 2017, State Bank Of India issued a statement that there should maintain minimum balance of Rs. 1000 to Rs. 5000 in all the accounts holders.
However, now State Bank Of India has come out with some small changes by withdrawing this for some specific accounts holders.
- Basic Savings Account
- Salary account
- Jan Dhan Yojana