How do I change my basic saving account to a savings account?

Only thing you need to do is to submit Officially Valid Documents KYC papers and request form to convert your BSBD to Normal Saving account. However you would required to keep minimum average balance as stated by Bank.

How do I change my account from basic to normal?

If such zero balance account holders want to change and upgrade their accounts, they will have to request the bank in writing for that. Some banks may accept such requests through simple letters and some banks may ask you to fill up their printed application form, sign and submit it.

How can I convert my SBI saving account to digital savings account?

Each eligible individual can only open one SBI Digital Savings Account. Account holder will have the option to convert the Digital Savings account to joint account only after converting it to a normal savings account by visiting the home branch.

Can I open a zero balance account in SBI?

SBI zero balance savings account: At the time of opening the account, there is no need for a minimum balance. Without any fees, customers are provided with an ATM-cum-debit card. SBI zero balance savings account interest rate: Same interest on zero balance accounts as on regular savings bank accounts is offered by SBI.

Can I convert my SBI savings account to zero balance account?

SBI gives its customers the option to convert their existing savings accounts to BSBD account, free of cost. 4) This SBI zero-balance account can be opened by any individual provided he/she has valid KYC documents.

What is small and basic SB account in SBI?

Features and Benefits of SBI Small Savings Account It comes with a debit card that is widely accessible. It comes with a low minimum average quarterly balance requirement. It offers the benefit of moderate earning to the account holder. It allows the account holder to maintain a maximum balance of Rs 50,000.

What is the minimum balance for SBI account?

SBI, the country’s largest bank, on Wednesday announced a waiver on maintaining the average minimum balance (AMB) requirement for all savings bank accounts. Currently, there is an AMB of ₹ 3,000, ₹ 2,000 and ₹ 1,000 in metro, semi-urban and rural areas, respectively.