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Economy

State Bank of India cuts 'minimum balance charge' to Rs 15

Updated : April 12, 2018 04:48 PM IST

The charges for non-maintenance for customers in metro and urban centres have been reduced from a maximum of Rs 50 to Rs 15.
For semi-urban & rural centres, it has been reduced from Rs 40 every month to Rs 12
Currently, the minimum balance to maintained in urban areas is Rs 3,000, while semi-urban and rural areas it should be Rs 2,000 and Rs 1,000 respectively.
State Bank of India cuts 'minimum balance charge' to Rs 15
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