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Tag Archives: New financial year

SBI minimum balance for savings account changed from April 1

New minimum balance rules announced recently by State Bank of India. The new charges will be applicable from April 1, 2018.  SBI reduced the minimum balance penalty charges to 75 percent, currently charges a penalty for non-compliance with its average monthly balance rules. According to the last notification by the bank, the SBI customers holding savings bank accounts with the bank’s metro ...

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