Open SBI account with ZERO balance, no hassle of maintaining balance
Open SBI account with ZERO balance, no hassle of maintaining balance

New Delhi: Many of us want to open an account in State Bank of India (SBI) but, in the matter of maintaining the minimum balance, we give up the courage and cannot open the account. Many times we are not able to open an account due to lack of documents. The country's largest lender SBI provides many such facilities, due to which people want to open an account in this bank. If you also want to open an account in this bank on zero balance, then this news is of great use to you.

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According to the information given on the website by SBI, any person above the age of 18 years can open a Basic Savings Bank Deposit Small Account or SBI Small Account. If you also want to open a small account in SBI, then these things can be of useful for you. The most important thing about this account is that it does not have any time to maintain a minimum balance every month.

Maximum 50,000 rupees can be kept in this account. However, it is also mandatory to follow certain conditions. Let's know about the features of SBI Small Account in detail-

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- If the account balance exceeds 50,000 or more than one lakh rupees are transacted in a year, then the transaction will be stopped till the KYC process is completed.

-SBI gives a RuPay ATM / Debit Card to Small Account Holder. You do not need to pay any annual fee for SBI Small Account.

-You can change this account into a regular savings account after submitting a KYC document.

- Those having such an account can withdraw a maximum of 4 times in a month. This withdrawal can be through ATM or any other means.

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