Are you a State Bank customer ? Or open an account in SBI soon? Then this news for you. State Bank of India the largest bank has change number of charge rules like penalty on non maintenance minimum balance etc . All changes are applicable from April 1, 2017. Main STATE BANK OF INDIA revised charges are: Penalty on non-maintenance accounts: If you failed to maintain Monthly Average Balance in accounts will penalty up to Rs. 100 plus tax. For metro branches failure to deposited Rs 5,000 will charge Rs 50 for 50% shortfall, For 50-75% charged Rs 75 and For more shortfall cost Rs 100. For urban branches, the minimum balance must more than 3,000. Failure to meet then 40 Rs service fee, Rs 60 for 50-75% shortfall and Rs 80 for 75% or more. So charges and MAB change according to the location of the branch. In case rural branches MAB minimum Rs 1000 only. Deposit Cash in the branch: If savings account holders deposit money three times a month then charge no charge but more than three
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