Removal of SBI Minimum Balance Penalty on S/B A/cs
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This is a legal robbery / dacoity by SBI.
Prime Minister promoted JAN DHAN SAVING ACCOUNT on ZERO balance and people followed.
Now SBI planned it in such a way that if someone fails to maintain minimum balance by even ONE RUPEE and do not monitor the account then bank will keep debiting penalty amount every month till balance reaches ZERO.
For example for slab of Rs.1000/- if for any reason (including charges debited by bank) balance reaches below Rs.1000/- then bank will start deducting minimum balance penalty and keep on deducting every month if balance is not above limit. So if you do not maintain minimum balance then deduction will continue till balance becomes ZERO
Not only this whenever any time any amount will be credited to that account, bank will automatically recover DUE PENALTY amount after ZERO BALANCE.
ALL CITIZENS SHALL STRONGLY PROTEST THIS LEGAL ROBBERY BY SBI AND ASK HONORABLE PRIME MINISTER AND RBI GOVERNER TO INSTRUCT SBI TO WITHDRAW THIS CHEATING RULE
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