State Bank has recently revised the minimum balance
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Bank has recently revised the minimum balance that is required to be maintained in SB accounts. It is Rs.5000/- for metros.
Branch Manager, State Bank of India, Besant Nagar, Chennai 600090.
SBI has revised the minimum balance in Savings Bank in Metros to Rs.5000/- from the erstwhile No minimum Balance. This is a great blow on the common citizen. Most of the depositors are pensioners and Senior citizens.This is equivalent to the international banks like Standard Chartered, HSBC etc.
The bank should re consider this move and roll back to their erstwhile policy.
I request people all over India to object this move by signing this petition.
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