SBI BANK SERVICE and TRANSACTION CHARGES OF SBI BANK IN INDIA

Sbi Bank Transaction and Service Charges in India 

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As we all know as a result of demonetaisation of currency in India by prime minister of India Mr.NarendraModiji .There is a huge growth in digital currency and Online transactions by using online mobile money wallets like paytm , sbi buddy app ,freecharge and etc.., in this current situations the Rbi has taken a step in increasing the charges on money deposits , transactions ,limits on withdrawal to increase the usage of online and ,make INDIA a DIGITAL INDIA . Now we see the charges overview of Sbi Bank Transactions and Service Charges in India.


Service Charges W E F 01.04.2017


Minimum Balance (monthly average balance)


Account type                                          minimum balance                penalty

savings account ---                               2000/-                                   100/- month

current account----                               10,000/-                                575/- month



Cash Deposit Charges transactions at branches


Account Type                    Transactions                                         Fee

Savings                                 3   per month                                       free
                                                after 3                                                   58/- transaction

Current                                upto 25000/-per day                            Free
                                                Above 25,000                                    1/- per 1000
                                                                                                            min: 58/-   max:23000

Cash Withdrawl Charges


Savings Account:-

Monthly Average Balance                                                free transaction per month

                                                                    Branch        Internet/mobile     Atm          Other Atm

upto 1,000                                                       2                          20                     5                      5

1,001 to 25,000                                                2                           40                    5                      5

25,001 to 50,000                                             10                        unlimted         unlimted        5
  
50,001 to 1,00,000                                         15                            ''''''''''                   ''''            unlimted

Above 1,00,000                                           unlimted                      ''                         ''                  ''




Service Charges:


ATM Card Replacement charges            rs.345/-

Duplicate Pin Charges                                rs.58/-

Duplicate Passbook                                     rs.115/-

Statement Print                                             rs.115/-Per 40 Transactions



Account Closure Charges:


Savings Account                                      rs.575   upto 6 months

                                                                    rs.1150   from 6 months to 12 months

Current Account                                       rs.1150



Cheque Return Charges                        Rs 575/-   insufficient funds

                                                                     Rs 173      for technical reasons





For More Details visit www.sbi.co.in


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2 comments:

  1. Paatashaala Thanks for the Blog,
    State Bank of Hyderabad has been merged in State Bank of India SBH disolved in SBI. After Completion of Merging process complete details of SBH also should be changed. In the process IFSC details Indian Financial System Codes of State Bank of Hyderabad SBH also changed.

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