Categories: Banking

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

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 

askfinance

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  • If i let the sbi account open without using is any more what will be the problem .

    • 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.

  • 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

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

  • 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.

  • 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

  • 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....?

    • Depending on the account, you will have to pay the charges. Please refer to the charges list given above.

    • 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.

  • 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.

    • 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

  • 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........................

    • 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.

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