Hi All

Please do check your bank accounts balance. It must be 5000 now onwards.

Earlier it was 1000 only

If you don't maintain the minimum balance the banks are charging some fee

For inactive accounts they are charging 100 per account

so please check your balances and update to 5000 to avoid any charges

i think for cities it is 5000 and for other urban areas it is 3000

so please check your cities and update it


sony

bad news yaar this bank walas are money suckers.

Its not applicable in all banks in my bank minimum balance for an savings bank account is Rs100,if you have a current account Rs1000

sonyjmn wrote: Hi All

Please do check your bank accounts balance. It must be 5000 now onwards.

Earlier it was 1000 only

If you don't maintain the minimum balance the banks are charging some fee

For inactive accounts they are charging 100 per account

so please check your balances and update to 5000 to avoid any charges

i think for cities it is 5000 and for other urban areas it is 3000

so please check your cities and update it


sony

Do you know the worst part with SBI Bank... If ur closing account now, they are charging Rs 575 as account closure charges

yes this news is true closing an account in SBI bank charges are 575

@ Arvind

Really so less minimum account may i know which bank it is ?

Actually its not a rule ,the government has given hundreds of thousands of crores of non returnable loans to some people naturally the SBI is the largest government bank they are running on a loss so they are adopting various means to recover some banks dont give loan at 8-8.25% they charge 9%,banks which are not affected much are functioning normally,private banks are the worst they are only taking advantage of the situation and taking their customers for a ride,I have an account with IOB last week I went to my bank and asked them because even I read about the charges but they told me nothing has changed everything remains the same.

sonyjmn wrote: yes this news is true closing an account in SBI bank charges are 575

@ Arvind

Really so less minimum account may i know which bank it is ?

Every bank charges for closing a account

yeah but sbi charge most

What poor people will do?