SBI Bank Account Closing Fees & Charges from April 1st 2017

, , 134 Comments

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

Read: How to close SBI bank account 

 

134 Responses

    • Sharath Kumar

      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.

      Reply
    • Sharath Kumar

      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.

      Reply
  1. DHEERAJ RAJPAL

    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

    Reply
  2. DHEERAJ RAJPAL

    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

    Reply
  3. SARITA SAINI

    June 1, 2017 7:24 pm

    ACCOUNT CLOSING CHARGES IS ALSO APPLICABLE ON OLD ACCOUNT WHICH HAS BEEN OPENED ON 05-01-2013

    Reply
  4. SARITA SAINI

    June 1, 2017 7:24 pm

    ACCOUNT CLOSING CHARGES IS ALSO APPLICABLE ON OLD ACCOUNT WHICH HAS BEEN OPENED ON 05-01-2013

    Reply
  5. Shashi Jain

    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.

    Reply
  6. Shashi Jain

    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.

    Reply
  7. OP

    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

    Reply
  8. OP

    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

    Reply
  9. Sureshkumar

    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….?

    Reply
    • Nidhi

      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.

      Reply
    • Sharath Kumar

      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.

      Reply
  10. Sureshkumar

    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….?

    Reply
    • Nidhi

      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.

      Reply
    • Sharath Kumar

      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.

      Reply
  11. Ruby

    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.

    Reply
    • Nidhi

      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

      Reply
  12. Ruby

    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.

    Reply
    • Nidhi

      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

      Reply
  13. prem sharma

    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……………………

    Reply
    • Nidhi

      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.

      Reply
  14. prem sharma

    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……………………

    Reply
    • Nidhi

      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.

      Reply
    • Nidhi

      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.

      Reply
    • Nidhi

      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.

      Reply
  15. rama

    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.

    Reply
    • Nidhi

      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.

      Reply
  16. rama

    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.

    Reply
    • Nidhi

      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.

      Reply
  17. Subhash patil

    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?

    Reply
    • Nidhi

      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.

      Reply
  18. Subhash patil

    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?

    Reply
    • Nidhi

      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.

      Reply
  19. Ragi

    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?

    Reply
    • Nidhi

      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.

      Reply
  20. Ragi

    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?

    Reply
    • Nidhi

      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.

      Reply
  21. Anoop

    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 ?

    Reply
    • Nidhi

      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.

      Reply
      • ashok kumar jha

        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

        Reply
  22. Anoop

    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 ?

    Reply
    • Nidhi

      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.

      Reply
      • ashok kumar jha

        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

        Reply
  23. Boolbool

    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?

    Reply
  24. Boolbool

    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?

    Reply
  25. Sudheer

    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..!

    Reply
  26. Sudheer

    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..!

    Reply
  27. prof g .vedachalam

    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

    Reply
  28. prof g .vedachalam

    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

    Reply
  29. KubraBB

    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

    Reply
  30. KubraBB

    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

    Reply
    • grr

      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

      Reply
    • grr

      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

      Reply
  31. Guest

    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 ???

    Reply
  32. Guest

    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 ???

    Reply
  33. Guest

    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 ?

    Reply
  34. Guest

    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 ?

    Reply
  35. Vijay Kumar Dadoo

    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.

    Reply
  36. Vijay Kumar Dadoo

    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.

    Reply
  37. Assan Ahmed

    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.

    Reply
  38. Assan Ahmed

    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.

    Reply
  39. Assan Ahmed

    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.

    Reply
  40. Assan Ahmed

    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.

    Reply
  41. Assan Ahmed

    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.

    Reply
  42. Assan Ahmed

    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.

    Reply
  43. Sudhindra.B

    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?

    Reply
  44. Sudhindra.B

    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?

    Reply
  45. Sachin pandit

    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..???

    Reply
  46. Sachin pandit

    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..???

    Reply
  47. Ankit kumar

    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

    Reply
  48. Ankit kumar

    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

    Reply
  49. Jitendra Kumar

    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

    Reply
  50. Jitendra Kumar

    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

    Reply

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