SBI has exempted these accounts from minimum balance rule
Largest lender has fixed Rs 5,000, Rs 3,000, Rs 2,000 and Rs 1,000 for different types of accounts.
By : DC Correspondent
Update: 2017-10-02 07:03 GMT
Mumbai: The State Bank of India has exempted these bank accounts from the minimum balance maintenance criteria. Largest public sector lender had earlier made maintenance of minimum balance compulsory.
The below categories of Savings Bank Accounts are excluded from MAB requirement w.e.f. 01/10/2017. More: https://t.co/lGxM6S9prH pic.twitter.com/PPLoTyHUJF
— State Bank of India (@TheOfficialSBI) September 25, 2017