Banking chronicle The State Bank of India (SBI) account holders will have reason to cheer as the state-owned lender has waived off account closing charges for all savings bank customers under the condition that their account has existed for over a year bsc chronicle. The waiver came
into effect on Oct 1. Earlier, the bank used
to deduct a sum of 2500, along with
the applicable goods and services tax (GST), bsc magazine-Buy–Now in the form of account closing charges for all accounts other than those closed
during the 14-day free-look period.
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