You do not need to maintain a minimum
balance in your account. The maximum balance can go up to Rs 500,000. (Only if
the customer provides KYC within 12 or 24 months, other conditions remaining
same).
SBI All CSPs will hold a two-day strike: 21-08-2023 and 22-08-2023
Customers can open an account under PMJDY with zero balance with
a limit of up to 12 lakhs. The maximum transaction limit is Rs.30,000/- per
day. No checkbook is issued; Only the account holder can make cash
transactions. There are no account management charges.
Other benefits include:
Home Loan/Property Loan (benefits not yet updated). Auto
Loan/Gold Loan/Small and Medium Enterprise (SME) Loan (benefits not yet
updated). General Purpose Credit Card (GCC) / Farmers Credit Card (KCC). No-frills
SBI Savings Bank Account in mutual funds on a referral basis. Term Deposit
Receipt (TDR)/National Savings Certificate (NSC)/Kisan Vikas Patra (KVP) loans.
Extended
Banking Hours:
Open
as long as retail stores are open (usually 8:00 am to 8:00 pm). Additionally,
every customer above 18 years of age is provided with an ATM card for
withdrawing money. Promotion of business opportunities through SHG (Self-Help
Group). Customers
can save separately through the RD remittance facility.
SBI All CSPs will hold a two-day strike: Reason
Instead of recruiting
CSPs directly, banks have recruited them through BC channels and that is a
completely commission-based job. From account opening to cash withdrawals and
even if you can maintain the balance in the customer's bank account, an average
maintenance commission is available. Hearing this news, many unemployed boys
and girls from different parts of the country invested millions of capital and
started this business in 2011 Thinking that they will now be self-sufficient.
At present, after many years of great struggle, they are getting good average
maintenance. It was at this time that the State Bank officially introduce a
rule that CSPs would be deprived of their average maintenance benefits if the
SSS slab was not completed. According to
sources, in protest against the ridiculous decision of the bank, all CSPs have
started mass deputation at their home branches All CSPs will hold a two-day
strike on 21-08-2023 and 22-08-2023.
SBI All India CSP Unity is inviting all CSPs to join this
telegram group Click Here
