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This SBI account can be opened even without KYC documents

Updated : October 03, 2020 11:19 AM IST

State Bank of India (SBI) offers basic savings bank deposit small account for individuals above 18 years old, who do not have officially valid KYC documents. 
It is primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees.
There are many restrictions in operation of the account due to the relaxed KYC.
This SBI account can be opened even without KYC documents

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