(Rs. 3000 now) SBI to charge for breaching monthly average balance in saving accounts

[Sai Jai]

They charged me Rs. 590 for closing my account.

Nothing to say

if I said something it will land me another pblm so better I'll be

 

[Sarkar]

Nothing to say

if I said something it will land me another pblm so better I'll be

Let me say, SBI sucks whereas United Bank rocks :kiss:

 

[sadik]

If i withdraw all money from my SBI acc. And after that i dont want use it , i also dont want close it because they charging 600+ , so my acc is aromatically closed or not ?? I dont want to waste 600+ .

 

[Sarkar]

If i withdraw all money from my SBI acc. And after that i dont want use it , i also dont want close it because they charging 600+ , so my acc is aromatically closed or not ?? I dont want to waste 600+ .

Cannot say about SBI but I did exactly that with Canara bank account when I shift from Assam to Kolkata, I withdraw all money using ATM and after that stop using that Assam Canara Bank account. I am almost sure you can do same with SBI also

 

[sadik]

Cannot say about SBI but I did exactly that with Canara bank account when I shift from Assam to Kolkata, I withdraw all money using ATM and after that stop using that Assam Canara Bank account. I am almost sure you can do same with SBI also

Ok now i am goving to withdraw all money and open new acc In other bank

 

[Ritesh]

If i withdraw all money from my SBI acc. And after that i dont want use it , i also dont want close it because they charging 600+ , so my acc is aromatically closed or not ?? I dont want to waste 600+ .

If you withdraw all your money and do not touch your account, then after 2 years, the account becomes dormant, as per RBI.
Generally, there won't be any issue but personally, i don't wish to take any chances as these days Pan & Aadhar card is linked. Nobody knows what can happen later. It's better to pay Rs.590 and get it closed as per rules.

 

[Ritesh]

Let me say, SBI sucks whereas United Bank rocks :kiss:

Bro, Now i am using ICICI & Bank of India. Bank is India is affordable & provides much better services than SBI. And no doubt about ICICI bank. Their charges are high, because its simply worth it.

 

[sadik]

If you withdraw all your money and do not touch your account, then after 2 years, the account becomes dormant, as per RBI.
Generally, there won't be any issue but personally, i don't wish to take any chances as these days Pan & Aadhar card is linked. Nobody knows what can happen later. It's better to pay Rs.590 and get it closed as per rules.

As now i Am student so 600+ is very big amount for me and other middle class people also , so WITHDRAW is the only option to protest from looting

 

[Sarkar]

As now i Am student so 600+ is very big amount for me and other middle class people also , so WITHDRAW is the only option to protest from looting

First deposit or transfer some money and make it round figure in multiple of 500 then withdraw whole amount using ATM

 

[Sarkar]

Bro, Now i am using ICICI & Bank of India. Bank is India is affordable & provides much better services than SBI. And no doubt about ICICI bank. Their charges are high, because its simply worth it.

For BOI minimum is 500 right ? What is the min for ICICI ?