The minimum balance required in SBI varies depending on the type of account. Here are the minimum balance requirements for some of the accounts:
- Basic Savings Bank Deposit Account: No minimum balance is required.
- Basic Checking Account: No minimum balance is required.
- Savings Bank Account: No minimum balance is required.
- Savings Account for Minors: No minimum balance is required.
- Motor Accidents Claim Account (MACT): No minimum balance is required.
Its important to note that the minimum balance requirements may change over time, so its best to check with SBI for the most up-to-date information.