What is MAB Required for SBI Savings account

[PavvanPavvan is verified member.]

Hi all

What is MAB Required for SBI Savings account ?

*I Heard it's zero but no information in website*

Please help

 

[FinoGuy]

Different mab requirements per different account type. But non maintenance charges won't be levied

 

[PavvanPavvan is verified member.]

Different mab requirements per different account type. But non maintenance charges won't be levied

Nice 🙂 what is minimum required ?

 

[Strange]

Hi all

What is MAB Required for SBI Savings account ?

*I Heard it's zero but no information in website*

Please help

0 (reference) but branch employee will always say maintain 3k mab.

 

[some1anywhere]

0 balance but certain branch employees want you to keep certain balance to issue specific type of debit cards. And autosweep feature (if you open Savings Plus/SB Plus account) requires at least 35K so balance above 25K goes for sweep.

 

[FinoGuy]

Nice 🙂 what is minimum required ?

0..but this was introduced as an offer free3 years ago & has not changed since.. They can change anytime..

 

[TheTrickySid]

Different mab requirements per different account type. But non maintenance charges won't be levied

Even the highest variant won't be levied any charges??

 

[PavvanPavvan is verified member.]

0 (reference) but branch employee will always say maintain 3k mab.

View attachment 6805

Thank you Yes this was the surprise

 

[PavvanPavvan is verified member.]

0..but this was introduced as an offer free3 years ago & has not changed since.. They can change anytime..

Yes even am thiking same any day they might take out

 

[PavvanPavvan is verified member.]

Even the highest variant won't be levied any charges??

Website says no

 

[thanix]

In metro, it used to be 300 for non cheque book and 1000 with cheque book as mab for normal savings account. There were lot of complaints about deduction of non maintenance charges and some years ago they made it 0 as an offer.

 

[FinoGuy]

Even the highest variant won't be levied any charges??

Yes as per website. No personal experience