If you have a savings account with the State Bank of India (SBI), here are six ways to check your account balance. SBI has done away with the requirement of maintaining minimum balance in its savings accounts. This was announced via a press release on March 11, 2020.
- Via Net banking facility
Once you have successfully logged in to your account, the webpage will show your bank account number, branch name and hyperlink for the available balance and transactions.
Click on 'Click here for balance' to check the balance in your savings bank account.
- Call on toll-free number
Call 1800-11-2211 or 1800-425-3800 and follow the instructions to know your bank account balance. Remember, you must call from your registered mobile number to use this facility.
- Via SBI ATM
The facility was announced by the bank via a tweet on its official Twitter handle.
- Via mobile banking
Once you have successfully logged in to your account, select 'Enquiry services' from the Main Menu. Under the 'Enquiry Services', select 'Balance Enquiry', select the bank account for which you want to check the balance and enter the MPIN. Press 'Menu' button and select 'Confirm'.
You will get the message that shows the balance in the account selected by you. To know more about the Mobile Banking Service, click here.
- Via missed call service
To access this service, you are required to register for it, as per the bank's website.
Once you have registered for this service, you are required to send a missed call or send an SMS 'BAL' to 09223766666.
Charges for checking the balance
SBI does not charge its customers for checking their account balance using any of the above-mentioned facilities. However, in case of the ATM service, there is a limit on the number free non-financial transactions in a month.
The number of such free transactions depends on the average monthly balance maintained by you. If the number of such transactions exceeds the free limit, then you will be charged either at Rs 8 (for other bank ATM) or Rs 5 (for SBI own ATM) plus GST at 18 per cent, as per the charges mentioned on the banks website.