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Topic Review (Newest First)
June 15th, 2016 04:52 PM
AdityaV I am planning to open SB Saving Account in State Bank of India looking for details about minimum balance required for account opening. Will you please provide me State Bank Of India SB Account Minimum Balance Details along with benefits of opening account in this bank?

State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

State Bank Of India SB Account Minimum Balance Details:

Savings Account Interest Rate Minimum Balance Debit Car Issued
Savings Plus Account 4.00% INR 25,000 Basic ATM-Debit Card
Yuva Savings Account 4.00% Not Required Multiple variants
Basic Savings Account 4.00% Not Required Basic ATM-Debit Card
Small Savings Account 4.00% Not Required ATM cum Debit Card
Savings Account For Minors 4.00% Not Required Photo ATM cum Debit Card

Key Benefits Of SBI Savings Account

Internet Banking, Mobile Banking, Kiosk Banking
Transfer accounts to any SBI Branch without changing the account number
Passbook issued free of charge
Multicity cheques
Safe Deposit lockers
Nomination facility
Personal Accident Insurance available at a nominal premium
No inter core charges for transfer transactions
Multiple variants of ATM/Debit Cards like Gold Card, International ATM/Debit Card, etc.
Can be linked to Multi Option Deposit (MOD) Account

Documents Required for opening account:

Print out the Account Opening Form (AOF)
Proof of identity and address (Passport, Voter’s ID, Driving Licence, Aadhar card, NREGA card, PAN card)
2 recent passport-size coloured photographs
In the case of minors below the age of 10, ID proof of the person who will operate the account is required. If the minor can operate the account independently, the regular procedure will be applicable.


State Bank of India
State Bank Bhavan, Madam Cama Road

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431

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