Monthly average balance or MAB of an SBI savings bank account is the average of daily balances in the account in a month. New minimum balance rules announced recently by SBI or State Bank of India ...

From April 1, 2018, SBI said it will charge a maximum of Rs 15 plus GST for a month for non-maintenance of average monthly balance (AMB) in the savings bank accounts held by customers in metro and ...

With this app, SBI customers can get account balance, mini statement instantly. All they need to do is either give a missed call or send an SMS from their registered mobile number on the SBI ...

Notably, the State Bank of India (SBI) eliminated its minimum balance requirement entirely for savings accounts-both rural ...

The State Bank of India (SBI), a known semi-private bank of the nation has brought in some easy measures to track the bank account balance through missed calls. Here are the tips to know the ...

The country's largest lender State Bank of India (SBI) has revised the minimum balance rules that all customers should know. SBI account holder needs to keep a certain amount of money in their ...

Check how much you need to maintain in HDFC, SBI, Kotak Mahindra, among other private and public sector banks’ savings ...

Major banks in India have minimum balance requirements. Private sector banks, in particular, have varying rules based on ...

SBI Alert: The State Bank of India (SBI) — India's largest commercial bank — has introduced SBI Quick — Missed Call Banking. This SBI missed call banking service app will enable SBI savings to account ...

SBI minimum balance rule tweaked, limit slashed to just Rs 3,000; 5 things you must know State Bank of India has revised the service charges for non-maintenance of monthly average balance in bank ...

SBI Chairperson Arundhati Bhattacharya said the fee was introduced to balance the costs incurred from managing Jan Dhan accounts. “We have 11 crore financial inclusion or Jan Dhan accounts.

This change in minimum balance under MAB rules came within days of SBI mentioning that it was analysing the customer feedback it received over charges for non-maintenance of minimum account balance.