thFrom April 1st 2017 SBI Announced Account Closing charges
SBI Account Closure Fees & Charges:
- Savings Bank Account (excluding Basic & Small Accounts opened under Financial Inclusion)
- Upto 14 days of opening – Nil
- After 14 days
- PBBU (Individuals) – Rs. 500/- + ST
- SMEBU (Company/Non-Individual) Rs. 1000/- + ST
- Current Account
- Power Pack – Rs.1,000/-+ ST
- Power Gain – Rs.1,000/-+ ST
- Power POS Power Jyoti – Rs.1,000/-+ ST
Some users are complaining that they are wrongfully charged. In that case please contact their customer care at their Toll-Free number.
SBI Customer Care number for wrong account closing fees
- 1800 11 2211 (toll-free),
- 1800 425 3800 (toll-free)
- 080-26599990
May 6, 2017 4:42 pm
If i let the sbi account open without using is any more what will be the problem .
May 7, 2017 3:24 pm
There is no problem.
June 11, 2017 11:17 am
It will put fine up to 150/day.
September 9, 2017 8:03 pm
No, it wont be a problem. They will keep charging Rs. 118 every month as account non maintenance fee and will send you message about it. The bank officials might even call you to visit the branch. One day the account will become dormant and you won’t be able to use the account even if you want to.
June 1, 2017 4:13 pm
मेरा स्टेट बैंक मे बचत खाता लगभग 20वर्ष पुराना है,क्य खाता बन्द करने का चार्ज लगना चाहिए,मेरी वजह यह है कि मेरा खाता मेरी माता जी के साथ संयुक्त रुप से था।और उनकी मृत्यु हो चुकी है
June 3, 2017 5:32 pm
Yes charges will apply
June 1, 2017 7:24 pm
ACCOUNT CLOSING CHARGES IS ALSO APPLICABLE ON OLD ACCOUNT WHICH HAS BEEN OPENED ON 05-01-2013
June 3, 2017 5:32 pm
Yes they are applicable.
June 9, 2017 7:59 pm
How the charges will taken when there is nill balence
In account
June 27, 2017 10:17 pm
Bank will deduct charges once you add money.
June 21, 2017 1:35 pm
Closed my account after 10 years even than they debited 575 Rs.They also charged for debit card which were detective and I was unable to use.
I was also informed to your Annapurna,Indore staff but they did not do any thing.Hence I closed the account #53006504714 as such request to refund the charges.
The staff is not co operative to customer.
June 27, 2017 10:14 pm
Contact their toll free number: 1800 11 2211 (toll-free), 1800 425 3800 (toll-free)
June 21, 2017 5:26 pm
SBI custumer care says “No charge after 1 year but banks are deducting 575₹ for closure fee.There is no mention of closing fee in SBI terms and condition after 1 year.SBI says’ No charge up to 14 days .500+ST from 14 to one year
June 27, 2017 10:13 pm
From April 1st only they introduced these charges.
June 22, 2017 12:11 pm
I hd 7 years old zero balance savings account. N I have not any transaction form last1 year. I want to close this account now… shall I have to charge any amount…? If yes… then how much I have to pay….?
June 27, 2017 10:13 pm
Depending on the account, you will have to pay the charges. Please refer to the charges list given above.
September 9, 2017 7:57 pm
If you do not have the account active for over 7 years, the account will become dormant. It ceases to be active and you need not close it. It is as good as being closed.
June 22, 2017 2:44 pm
I had a joint saving account in one of the branch of sbi in Mathura. For closing that accounti n June 2017 they charged 5575 Rs. Is that justified. No clarification was given for deducting this much account.
June 27, 2017 10:09 pm
This is totally wrong. You should call toll free number of SBI: SBI’s 24X7 helpline number i.e. 1800 11 2211 (toll-free), 1800 425 3800 (toll-free) or 080-26599990
June 22, 2017 4:04 pm
WHAT ARE THE CHARGES ON CLOSING ACCOUNT
June 27, 2017 10:08 pm
Please read the article, its mentioned in that.
June 23, 2017 1:18 pm
i have a/c in sbi or sbbj. i closed my sbbj a/c bcos i have already sbi ac. i give application for a/c close & transfer bal in also sbi branch but collect charges. that is wrong……………………
June 27, 2017 10:06 pm
SBBJ converted to SBI account. So now you will have 2 accounts in SBI. If you close any account, they will charge you. Sad truth. Better not close the account and keep the balance 0.
June 24, 2017 12:38 am
Mera jan dhan ka khata ise band krana h isme v kya charge lage ga band krane ka???
June 27, 2017 10:05 pm
For closing SBI Jan Dhan account there are no charges. Please contact to bank if they changed anything recently.
June 29, 2017 12:11 pm
Is it is required to know the bank why I closed my account?
June 29, 2017 9:23 pm
No it is not required.
July 1, 2017 6:48 pm
H,i I have join account with my mother in state bank of India, Hyderabad since 6 years. Now i want to close that account pls let me know the procedure, required documents and closure fees. My mother stays in Delhi so is it mandatory for my mother to come to Hyderabad to close the account or I am sufficient.
July 3, 2017 11:12 am
You can talk to the manager. You will require the signature of your mother for sure to close the SBI account. Rest depends on the bank.
July 14, 2017 4:02 pm
Sir mere ac 2011 ka tha SBI usko close karne par 590 charge Kiya gya ye galat h eako kya karon
July 18, 2017 10:38 am
They started adding charges recently only. You can’t do anything about that.
September 23, 2017 10:53 pm
Provably they are trying to recover
NPA of Mallya
September 26, 2017 1:42 pm
haha yes 🙂
July 18, 2017 2:58 pm
My account was with sbh. But now sbh is converted to sbi n I have saving account 3 yrs old and I want to close the account .So account closing charges are applicable or not? And if yes what are the charges?
July 19, 2017 10:08 pm
Yes, closing charges are applicable as mentioned above. Best thing to do is, make account balance 0 and leave the account.
July 20, 2017 10:05 am
Charges for closure.. I have checked with other govt banks, but they don’t charge for closure, then how can SBI charge?
July 21, 2017 3:51 pm
Even corporation bank, HDFC bank doesn’t charge, but since SBI started charging money, other banks will soon start to charge again.
July 27, 2017 1:47 pm
I have a state bank of mysore account and i have not done any transactions in last 2 years , if i leave the account without closing it then will it be a problem ?
August 1, 2017 9:56 pm
No, just withdraw all amount and leave it as it is. If you close it, you will have to pay closing charges.
November 11, 2017 1:23 pm
i have opened to many banks account so now i want to close SBI bank account they will charge i have opened account on 2008 and account is active
August 3, 2017 11:58 am
My sbi sb a/c has only 29/- left. I’ve no intention to use the a/c anymore. Am I compelled to close the a/c, officially? If I don’t and leave it as it is, will that be a problem?
August 4, 2017 11:09 am
you can leave it as it is. They will freeze the account. I suggest you withdraw INR 29 also. But I think you won’t be able to open new account in SBI with same pan.
October 4, 2017 2:20 pm
that is good
August 21, 2017 3:11 pm
How much will be charged if i close savings account in SBI.
And SBI has changed rules after demonetization we should maintain min. balance of 3k we hate SBI..!
September 7, 2017 6:01 pm
Yes. I too Hate SBI. Same problem here tooo.
September 15, 2017 4:15 pm
banks are highly structured, organized highly civilized institution originally after nationalisation they did wonderful work for the development of entire sector of the economy .after demonetisation due to changes in the charges if banks are interested to earn normal profit or profiteering.in a sb a/c one of the largest customer bank in India than the size of population stralia raised the charges for below minimum balance and closure charge etc. a person close a sb a/c on 15 09 2017, by having 1053 on may 31 2017 he won’t get single paise in metropolitan cities due to minimum balance of rs 5000 he willbe losing rs 115 115 115 118 repectively foe June to September and closure charge rs500 plus gst 90 so in sb a/c sleeping position the a/c will be automatically nil balance after 5 months bank so my family lost this month totally rs7653 in bank deposits another leading bank my son is having salary a/c and this system,s selective amnesia it has deducted rs450 and rs150 for July and aug due minimum balance of rs10000 but it is zero balance a/c due to sustem human resources have no respect for them and customer. another mere tragedy the f.d a.c on maturity date during mid nightm rbi dy.general managery daughter lost rs 6000 due to system operation responsible people in the banks has no use . i dont know i could not able to contact. the concerned i request the rbi higher official may contact me in cell no ********.for remedy
September 18, 2017 11:33 am
I opened my account in 8th class for scholarship last month I withdrawn 5000 from my account now i want to close my account bcoz i cant maintain 5000 in my account …. Is der any charges appicalble to my account for closing account please let me know
September 26, 2017 1:43 pm
Yes there will be charges. Better make balance 0 and leave account as it is.
October 10, 2017 2:41 pm
I am planning to withdraw full amount. In this case will they automatically close my account by seeing 0 balance?
October 25, 2017 6:10 pm
what if 0 balance means? what about penalty?
September 18, 2017 4:19 pm
What are the charges of closing the bank account after 5 years of opening
September 26, 2017 1:43 pm
590 ( including taxes )
October 4, 2017 12:06 pm
simply transfer the amount in to another account maintain zero balance
if you are going to the bank you have to wait for one hour . They can deduct more than 1500 hundred rupees.
Through online banking transfer amount
if you are going to bank to close the account the bank staff show you stars
at day time by deducting the amount in the form of charges
September 30, 2017 7:26 pm
I have a account in sbi in Rajasthan For locker purpose I want to transfer from one bank to another what’s the procedure for that ???
September 30, 2017 7:28 pm
I have a acc in sbi in Rajasthan for locker purpose want to transfer from one bank to another what’s the procedure for that ?
October 9, 2017 9:33 am
Normally, one is given a loyality bonus for being with the bank. Things are different here.
2. Was not SBI required to notify this to their customers at least by e mail?
3. What, if the customer withdraws all amount in the account, leaving only Rs. 10/- and never close the account.
4. Are these new charges explicitly displayed, with a special signs in every branch?. If not, how can the SBI levy these charges?
5. Only one year back, people were having zero balance accounts, now all these undesirable charges.
6. Expect a reply, to enable shift accounts en block. We as a family have 11 accounts.
7. The point was raised with Customer care/GM, but no reply.
October 11, 2017 11:09 am
What are the charges of closing the bank account
October 17, 2017 7:30 pm
I have a 3 years old account in sbi. Now how many charge to closed this account. Because i have double account in sbi.
October 17, 2017 7:33 pm
I have a 3 years old account in sbi. Now say me how many charge to close this account .
October 24, 2017 5:58 pm
How can i know my account is close or not. How many charged debit my account. My account 3 years old. Account number is 33803461716.
October 24, 2017 6:07 pm
I have double saving account in sbi. I request to close one account in the branch. How can i know when my account is closed. I have also 813 rupees in my account . I request to send my money another account.
October 26, 2017 1:04 pm
I have opened savings account in 2011, but since last 2 years i have not made any transactions, now I want to close the account.
Would they charge for closing my account?
November 23, 2017 1:54 pm
their is no need to take a/c closing charges .in sbi higher charges for a/c closing
November 25, 2017 8:06 pm
I want just know, i have 2 saving accounts one in SBI and other in SBT from last 2-3 years and i have to close SBT saving account then the closing charges are applicable for it or not…??? If yes then how much..???
December 26, 2017 9:35 am
my account is 10 year old but i want to close this account and and from 10 year no transaction from my account how to transfer in other my account
January 21, 2018 9:23 pm
hi..i have a SBI saving account and there is nill balance in the account since last 2 month.i want to close the account now.how much charges has to paid at closing time
October 1, 2019 6:42 pm
If I miss my ATM then should I close my SBI account