Verified Bank Tariff
State Bank of India Charges & Fees
Complete official Schedule of Charges for State Bank of India. Every fee entry is backed by verified citations, 18% GST treatment, waiver conditions, and RBI dispute rights.
How much is State Bank of India quietly deducting from your account every year?
Run our 60-second audit to total the charges we can trace to published tariff documents.
Verified Fee Categories for State Bank of India
Account closure
1 checked entry
Other charge
1 checked entry
Cheque
1 checked entry
Minimum balance
2 checked entries
NEFT
2 checked entries
Other charge
2 checked entries
State Bank of India
Account closure charges
Basic Savings Bank Deposit Account (BSBDA) · Branch
₹0 (Free)
Trigger Condition
SBI BSBDA Branch Channel only.
Verified on 2026-08-15
State Bank of India
Other bank charges
Savings Bank Accounts — Service Charge Portfolio · General
₹0 (Free)
Trigger Condition
Applies to all individual SBI Regular Savings Accounts and Basic Savings Bank Deposit (BSBD) accounts.
Verified on 2026-08-25 · Effective: 2020-03-11
State Bank of India
Cheque charges
Basic Savings Bank Deposit Account (BSBDA) · Branch
₹0 (Free)
Trigger Condition
SBI BSBDA Branch Channel only; limited to the explicit 25-leaf annual free cheque-book entitlement. No beyond-allowance amount is inferred.
Verified on 2026-08-15
State Bank of India
Minimum balance charges
Basic Savings Bank Deposit Account (BSBDA) · General
₹0 (Free)
Trigger Condition
State Bank of India Basic Saving Bank Deposit Account — Branch Channel only.
Verified on 2026-08-15
Savings Bank Accounts — Service Charge Portfolio · General
₹0 (Free)
Trigger Condition
All SBI Savings Bank Accounts; BSBDA is covered separately by its own nil-balance rule. The bank-wide savings AMB penalty waiver announced 11.03.2020 is still stated on the current official Revised Service Charges page.
Verified on 2026-08-20 · Effective: 2020-03-11
State Bank of India
NEFT charges
Retail Banking Service Charges · Branch
Up to Rs 10,000: ₹2.00 · Above Rs 10,000 and up to Rs 1 lakh: ₹4.00 · Above Rs 1 lakh and up to Rs 2 lakh: ₹12.00 · Above Rs 2 lakh: ₹20.00
Trigger Condition
SBI Branch Channel. Current account variants Gold, Diamond, Platinum, Rhodium and listed government/defence categories have the waiver described on the official FAQ; this base rule does not flatten those exemptions.
Verified on 2026-08-09
Retail Banking Service Charges · Other
₹0 (Free)
Trigger Condition
SBI official FAQ Online Channel. 'Other' is used because the source groups online delivery rather than specifying only one application channel.
Verified on 2026-08-09
State Bank of India
Other bank charges
Basic Savings Bank Deposit Account (BSBDA) · Other
₹0 (Free)
Trigger Condition
SBI BSBDA Branch Channel eligible customers only.
Verified on 2026-08-15
Basic Savings Bank Deposit Account (BSBDA) · Other
₹0 (Free)
Trigger Condition
SBI BSBDA Branch Channel eligible customers only.
Verified on 2026-08-15
What State Bank of India prints on your statement
6 narrations decoded against State Bank of India's own schedule of charges — the plain-English and Hinglish meaning, the exact amount including GST, and how to avoid it.
ACCT CLOSURE CHGA fee for closing your account within a defined period after opening it.
ACCT OPENING CHGA charge applied when the account was opened.
CHQ BOOK CHGA charge for cheque leaves issued beyond the free allowance for the year.
DEBIT CARD AMCThe annual maintenance charge for keeping your debit card active. It is charged once a year whether or not you use the card.
DEBIT CARD FEEA one-time fee charged when a debit card is issued to you.
NEFT CHGA charge on an outward NEFT transfer. Under RBI rules NEFT sent through internet or mobile banking on a savings account carries no charge.
Disputing a Wrongful Charge at State Bank of India
Under Reserve Bank of India (RBI) consumer protection directives, account holders have statutory rights to claim refunds for unauthorized debits, failed ATM transactions, or penalties debited without prior notification.
Branch / Helpdesk Ticket
Email State Bank of India customer service quoting the transaction ID and account details. TAT: 7 working days.
Principal Nodal Officer
If unresolved within 7 days, escalate to State Bank of India's Principal Nodal Officer (PNO). TAT: 14–30 days.
RBI Banking Ombudsman
Lodge a statutory complaint on the RBI CMS Portal (cms.rbi.org.in) if rejected or delayed past 30 days.
Need a pre-filled grievance email draft for AMB penalties or debit card AMC?
Open Dispute Letter GeneratorFrequently Asked Questions (State Bank of India)
What is the minimum balance (AMB) requirement in State Bank of India?
In State Bank of India, the minimum average balance (AMB/MAB) varies by account tier and branch location. Regular savings accounts in metros typically require maintaining the published threshold, while salary accounts and BSBDA zero-balance accounts have ₹0 AMB requirements.
What are the debit card annual maintenance charges (AMC) for State Bank of India?
Debit card maintenance charges at State Bank of India are billed annually based on card variant plus 18% GST.
Can State Bank of India deduct minimum balance penal charges without sending an SMS?
No. Under RBI Master Direction (DBOD.No.Leg.BC.21/09.07.006/2015-16), State Bank of India is legally mandated to notify the customer via SMS or email giving them a 30-day notice window to restore their balance before any penalty can be debited. If debited without prior notification, you are entitled to a full reversal.
How do I dispute a wrongful fee or charge deducted by State Bank of India?
To dispute a wrongful deduction at State Bank of India: (1) Send an email to the Branch Manager / Customer Service citing the relevant RBI circular and transaction ID. (2) If unresolved within 7 days, escalate to State Bank of India's Principal Nodal Officer (PNO). (3) If unresolved after 30 days, lodge a complaint with the RBI Banking Ombudsman via the CMS portal (cms.rbi.org.in).