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SBI Yuva Savings Bank Account

Bank SBI
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

Internet Banking Yes
Mobile banking Yes
Auto sweep facility Yes
Standing instructions 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.
Balance enquiry Nil
Transfer of Account Rs.112/-(inclusive of postal charges).
Account closure
Within 14 days Nil
Upto 6 months Rs.337
6 - 12 months Rs.225
Inoperative account Nil
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 years



GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

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