Zero Balance Current Account SBI

I want to apply to open Zero Balance Current Account in State Bank of India so can you please provide me the details of account?

[shikha]

State Bank of India SBI provide Basic Savings Bank Account on Zero Balance.

Basic Savings Bank Account

The account can be opened by any individual above 18 years old, provided he/she has valid KYC documents.

Primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees.

Mode of Operation

Singly, jointly, or with E or S, F or S, anyone or Survivor etc facility.

Available at-
All branches

Minimum balance amount-
NIL

Maximum balance /amount-
No upper limit

Operations in the Account

Cheque book will be issued where Mobile No. of the account holder is recorded.

ATM-cum-debit card will be issued

Service Charges

ATM-cum-Debit card will be issued free of cost and no annual maintenance charge will be applied.

Receipt/ credit of money through electronic payment channels like NEFT/RTGS will be free

Deposit/ collection of cheques drawn by Central/State Government will be free

No charge on activation of inoperative accounts

Charges for availing services other than those covered here

Restrictions

Maximum 4 withdrawals in a month, including ATM withdrawals at own and other Bank's ATMs.

Holders of Basic Savings Bank Deposit Account will not be eligible to open any other Savings Bank Account. In case, he/she already has an account, the same will have to be closed within 30 days of opening a Basic Savings Bank Deposit Account.

Only Basic ATM-cum-debit card will be issued. Variants of ATM cards can be issued on payment of stipulated charges.

Customer service: 1800 425 3800