SBI create new account: Know the benefits of this State Bank of India account first

SBI create new account: If anybody is planning to open a bank account in a public sector bank and wondering which bank to go to, opening an account with the SBI can be a viable option. While State Bank of India (SBI) has a pan India reach with bank branches and ATM booths making the services easily available, the bank is also offering a lot of other services to fullfill all the banking needs of the people as well as for making the overall banking experience good. Visit the URL https://sbi.co.in/web/personal-banking/accounts/current-accounts for more information

But can that be the only criteria? While it is an important criterion, it is not the only one. We will tell you what features the bank is offering to account holders.

Features
-- SBI is giving you first 50 cheque leaves free of cost
-- Its mobile banking services are good
-- The bank also offers internet banking services.
-- Free ATM card during the first year.
-- Free cash deposit up to Rs. 25000/ -per day.
-- Free Transfer of account from one branch to another.
-- Statement of account is issued as per requirement at monthly/quarterly/half-yearly/annual intervals.
-- Facility of getting statement by email.
-- Personal accident insurance available (Optional)
-- Rate of Interest:  NIL
-- Nomination facility Available
-- Maximum Balance: No Limit
-- Monthly Average Balance (MAB) requirement As applicable to the location of the branch :
Personal Banking Branch: Rs. 10,000/ -
Non - Rural: Rs. 5,000 / -
Rural: Rs. 2,500 /-

Who can apply for the SBI savings account?
All individuals who have valid KYC documents can apply for the opening of the account. The account can be opened singly, jointly, either or survivor, former or survivor, anyone or survivor, etc.

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Most Important Terms & Conditions
All statements of account will be sent via e-mail. The customer requested to update the e-mail ID at Home Branch or through Internet banking. If, one still wishes to continue receiving a printed statement, please visit the Home Branch.