GUIDE: How to open saving account in SBI online - Monthly minimum balance, features, eligibility and more

India's largest lender, the State Bank of India (SBI) gives you facility to open online accounts. Here we list out all the features, eligibility and other important details you need to know before opening saving account. Also, know how to apply online for savings account in SBI. All details here:-

Eligibility

All individuals/Central/State Govt Departments (if eligible to open SB accounts) such as:

Govt depts. /bodies/agencies in respect of grants, subsidies released for implementation of various programmes/schemes sponsored by Central Government/State Governments subject to production of an authorisation from the respective Govt depts to open Savings Bank account.

Development of Women and Children in Rural areas

Self-help Groups, etc.

Mode of Operation : Single/Jointly/Either or survivor/ Former or survivor, Later or survivor, etc

Features

Mobile banking

SMS Alerts

Inter-Net banking

YONO

State Bank Anywhere

SBI Quick Missed call facility.

First 10 cheque leaves free in a financial year
Thereafter:
10 Leaf Cheque Book at Rs 40/-+GST
25 Leaf Cheque Book at Rs 75/-+GST

Restricted free withdrawals based on Monthly Average Balance maintained.

The facility of transfer of accounts through Internet Banking channel.

Nomination facility is Available

Monthly Average Balance (MAB)
Metro* : Rs. 3000/-
Urban : Rs. 3000/-
Semi-Urban : Rs. 2000/-
Rural : Rs. 1000/-

No limit on Maximum balance

A Pass Book is issued to record the transactions. Duplicate pass book can be issued if original is lost, on payment of charges. Statement of accounts can also be sent through e-mail.

How to apply

Click on this link and follow the directions

https://www.sbiyono.sbi/wps/portal/accountopening/digital-account#!/aoCu...