The State Bank of India has waived off the minimum balance charges on all savings bank accounts. SBI has waive charges for non-maintenance of Average Monthly Balance (AMB) for all 44.51 crore savings bank accounts. Earlier, SBI was levying a penalty of Rs 5 to Rs 15 along with taxes on non-maintenance of average monthly balance of Rs 3000, Rs 2000 and Rs 1000 in metro, semi urban and rural areas respectively. Along with the charges for non-maintenance of Average Monthly Balance, the public sector bank has also waived of SMS charges.
Important takeaways for all competitive exams:
The Easter Sunday 2026 will be celebrated on the 5th of April. It marks one…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
The Election Commission of India has launched the powerful digital initiative which is the 'Know…
Honorable Union Minister of Science and Technology the Dr. Jitendra Singh has recently inaugurated the…
Recently the Newcastle Disease have spread rapidly the across several European countries and it created…
International Day for Mine Awareness and Assistance in Mine Action observed every year on April…