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SBI revises service charges for deposits and withdrawals from October 1

SBI will revise service charges for deposits and withdrawal on October 1 which will encompass cash withdrawal, average monthly balance, deposits and withdrawals and will affect customers in many ways. Starting October 1, SBI has reduced the maintenance of average monthly balance (AMB) for urban centers from Rs 5,000 to Rs 3,000. Under the revised rules, if AMB falls short by 50% (that is Rs 1,500) the individual will be charged Rs 10 plus GST.

Read More at The Economic Times News date : 13 Sep 2019, Friday

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