How To Close Sbi Saving Account

If you are considering closing your SBI saving account, it is important to understand the process and requirements involved. This article provides a step-by-step guide on how to close your SBI saving account smoothly. By following these instructions, you can ensure that all necessary steps are taken and any outstanding balance or formalities are properly addressed before closing your account. Whether you have found a better banking option or no longer require the services of an SBI saving account, this article will help you navigate through the closure process efficiently.

Things to Consider Before Closing Your SBI Savings Account

– Clear any outstanding dues with the bank before closing the account.

– Make sure you have a statement of your savings account before closing it.

– Your account balance should be zero before closing the account.

– Once you close your SBI saving account, you cannot reopen it.

How to Close an SBI Savings Account Online

Before closing or deactivating an SBI account, customers are required to fill out an account closure form. This can be done by visiting the home branch or by downloading the closure form from the SBI website. After downloading the form, it should be filled out accurately and completely. Once completed, submit the form at your branch. During the filling process, you will need to provide all necessary information.

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Name of the account holder, account number, signature of the account holder, city, state and pin code, reason for closing the account, details about where the remaining balance will be transferred (check, cash or DD information).

बैंक ब्रांच में क्लोजर फॉर्म जमा करने के बाद ग्राहक को पासबुक, चेकबुक और बैंक का डेबिट कार्ड लौटाना होता है. क्लोजर फॉर्म जमा करते वक्त बैंक अधिकारी ग्राहक से एड्रेस प्रूफ भी मांग सकते हैं. अगर आपने क्लोजर फॉर्म में सभी जानकारी सही दी है, तो बैंक अधिकारी उसका मिलान करेंगे और वेरिफाई करेंगे. इसके बाद वे बैंक अकाउंट को बंद कर देंगे. अकाउंट बंद होने के बाद आपको एसएमएस और रजिस्टर्ड मोबाइल नंबर पर इसका मैसेज मिल जाएगा.

Closing Charges for Account Closure

According to SBI, if an account holder closes their account within 14 days of opening it, there is no fee. However, in some cases, a fee of Rs 500 plus GST is required to close the account. If an SBI account is closed between 14 days and one year after opening it, a fee of Rs 500 plus GST must be paid. There is no fee for closing a regular savings account. Customers or individuals can call the toll-free number 1800 425 3800 for information related to SBI.

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Is it possible to close my SBI savings account online?

Closing a State Bank of India (SBI) savings account is not possible through online methods. To close your SBI savings, salary, or current account, you will need to visit the branch in person and follow certain procedures.

Firstly, prepare a letter requesting the closure of your SBI account. The letter should include details such as your name, account number, and reason for closing the account. Make sure to sign the letter before submitting it at the branch.

Additionally, you may be required to fill out an account closure form provided by the bank. This form will ask for information like your personal details and reasons for closing the account. Fill it out accurately and submit it along with your closure request letter.

When visiting the branch to close your SBI savings account, remember to carry valid identification documents such as Aadhaar card or PAN card. These documents are necessary for verification purposes.

What are the fees for closing a savings account at SBI?

SBI Savings Account Closure Charges:

1. No fines are imposed by SBI for closing a bank account after one year.

2. If the SBI account is closed within 15 days to one year, the account holder will be responsible for fees.

3. The account closing fee for savings accounts is Rs 500 plus GST.

How can I close my savings account permanently?

Closing a savings account is typically an easy task that involves moving your money out of the account and informing your bank about your decision to close it. However, there are certain situations that may make closing your account more challenging. For instance, if you have not been using your account for a long time or if the owner of the account has passed away, it might require additional steps to complete the closure process.

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To close an SBI (State Bank of India) savings account, follow these simple steps:

1. Empty Your Account: Before initiating the closure process, ensure that there are no funds left in your savings account. You can either withdraw all the money or transfer it to another active bank account.

2. Gather Required Documents: Prepare all necessary documents such as identity proof (Aadhaar card, PAN card), address proof (utility bills), and passbook related to your SBI savings account.

3. Visit Your Branch: Pay a visit to your nearest SBI branch where you hold the savings account that you wish to close. Approach one of their customer service representatives and inform them about closing your savings