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Home > Personal Finance > Banks > State Bank Of India > Minimum balance 5000?? Are you kidding
State Bank Of India
Phone Banking:
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Customer Service:
1800-11-2211
The ingenuineness of this review appears doubtful. Justify your opinion.
I feel this review is:
I opened my account in sbi 4 years ago and it was all well till now and suddenly what happened to sbi they want 5000 minimum balance in metroploitan cities.i think sbi is trying to make up the money for vijay mallya's debt which he is not going to pay.I mean sbi is the india's number one bank and mostly middle class or lower middle class people have their accounts in it.so suppose if a person is earning 10 thousand rupees per month how can he maintain minimum balance of 5000 and suppose somehow he manages to maintain MAB how come a student maintain minimum balance of 5000 rs and again suppose if student also somehow manages MAB How come poor people maintain MAB. And thats not all they will charge money per month if you deposit money in a month more tha 3 or 4 deposits( exactly not known) . And the main thing if you don't maintain MAB then you will be charged 100 rs per month plus service tax.I think sbi has gone mad and those days are not far away when sbi bank will be extinct if sbi doesn't gives second thought to their new revised rules.
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