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Charges You Have To Pay To Close An SBI Account

, by KS Ramaswamy

Charges You Have To Pay To Close An SBI Account

State Bank of India (SBI) customers looking to close an account with the bank are required to pay a fee of Rs. 500 plus GST under certain conditions, that is, if the request for closure of account is made after 14 days of operation and before completing one year. This is stated by SBI, the country’s largest bank, on its corporate website – sbi.co.in. If the customer places a request for account closure with the bank within 14 days of opening the account, however, there are no charges.


Similarly there are some other conditions too under which an SBI customer is not charged for closing a bank account.

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