2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank has revised the service charges for deposits, cash withdrawals, non-maintenance in Average Monthly Balance(AMB) from October 1, 2019?
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ICICI Bank
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State Bank of India
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Canara Bank
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HDFC Bank
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Explanation:
Detailed explanation-1: -Country’s largest lender, State Bank of India (SBI), has revised its service charges for savings account holders with effect from 1st October. These service charges include revision of charges per month for non-maintenance of Average Monthly Balance (AMB), number of free transactions per month via ATM, among others.
Detailed explanation-2: -SBI Savings Account Minimum Balance 2022 and Penalty The average minimum balance for Metro & Urban Centre branches was Rs 3000 and Rs 2000 for semi-urban centre branches while that for rural branches was Rs 1000.
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