Bank low balance charges deduction for properitorship companies

Bank low balance charges deduction for properitorship companies

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gowri Shankar dhakshinamoorthy started this petition to SBI

  Im a current account holder in SBI bank and im not running a multi national company. Im running a small firm with 6 employees its a properitorship company. In this lockdown situation our company is been shut with no revenue not certain about the near future. It is small companies like us getting affected by this situation but SBI is focusing on charging Rs 590 as bank charges for not maintaining the needed minimum balance of 10000 ie almost 10 % of Interest to my money. When i met the bank manager he said it is bank policy and it is directed by SBI rules. Im not allowed to go out of streets there is no revenue where they want us to keep the money in bank otherwise i will be charged 590 rs every month for not keeping the balance. This is ridiculous that a govt banking sector is so ruthless in theses tough times. If this continues most of the properitorship companies like me might have to close the current account to manage the living situations.I urge the SBI director to look into this and see how to help the smaller companies to sustain this economic devastation and not to impose deductions on balance maintaining charges which will help the smaller players. We are not asking for loan just dont take watever little resources that we have in our account. 

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