Highlights Of SBI Yuva Savings Account
|Category||Yuva Savings Account|
|Minimum Balance||Not required|
|Interest Rate||4.00% p.a. calculated on a daily balance|
|Card Offered||Multiple variants|
Services With SBI Yuva Savings Account
|Auto sweep facility||Yes|
Fees and charges Of SBI Yuva Savings Account
|Issue of Pass book||Nil|
|Duplicate Pass book/Statement||Rs.112/-|
|Multi-city cheque leaves||AQB (Average quarterly balance) is less than 25,000 = First 20 are free. Subsequently Rs. 3 per leaf.|
AQB is more than 25,000 - First 50 leaves are free.
Subsequently Rs. 2 per leaf.
|Remittance||One draft/banker’s cheque per calendar month will be issued free of cost favouring educational institutions or job applications.|
|Collection||One free collection of a cheque, with a ceiling limit of Rs. 20,000/- per month.|
|Transfer of Account||Rs.112/-(inclusive of postal charges).|
|Transactions at State Bank Group ATMs||Free|
|Transactions at Other Bank ATMs||Free up to 5 transactions. After that, financial transactions are charged Rs. 17, and non-financial Rs. 6.|
|Funds transfer||No intercore charges|
18 years of age and up to 30 yearsNomination
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.