SBI lowers minimum balance charges from â¹50 to â¹15 per month
SBI has slashed charges for non-maintenance of Average Monthly Balance (AMB) for customers in Metro and Urban centres from a maximum of â¹50 per month to â¹15 per month. Similarly, for Semi-Urban and Rural centres, the charges have been reduced from â¹40 to â¹12 and â¹10 respectively. The changes, effective April 1, will benefit 25 crore savings account customers.