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SBI Current Bank Account

State Bank of India provides current account facilities for the individuals, public and private limited companies, partnership firms, HUFs/specified associations, trusts etc. The basic requirements and documentation criteria for the individuals is same as in the case of savings bank account. The formalities which are to be followed in case of the public and private limited companies, partnership firms, HUFs/specified associations, trusts etc are mentioned on request.

The features of the SBI Current Bank account are:

  • Credit balances in SBI Current Bank account do not bring any interest earning.
  • The statements are given to the owners as per their desired frequency.
  • Every single owner of the current accounts has the cheque facility and any kind of withdrawal is to be done by cheque. The important thing that is to be kept in mind is that cheques should not be issued for any withdrawal below Rs 50.
  • If a cheque is presented after six months of issue is considered stale and is not paid.
  • The cheques are to be drawn only when there is adequate balance in the account.
  • The cheque book needs to be kept safely and in case a cheque or the cheque book is lost, there should not be any delay in reporting the same to the bank.
  • A cheque can be stopped only after the drawer provides a notice in written mentioning all the details of the cheque before the cheque is presented for payment.
  • The minimum balance to be kept in the current account for different cases is mentioned below:

i) Individual account in metro: Rs. 5000

ii) Individual account in urban area: Rs. 5000

iii) Individual account in semi- urban area: Rs. 5000

iv) Individual account in rural area: Rs. 2500

v) Other accounts in metro: Rs. 10000

vi) Other accounts in urban area: Rs. 10000

vii) Other accounts in semi- urban area: Rs. 10000

viii) Other accounts in rural area: Rs. 5000

    Comments

    1. I have a company, proprietor current a/c in Chennai. Can I deposit cheques received in other cities in that city without any transcation fee. Is there any limit in the amount or number of cheques per day. 2. Can I deposite cash in other cities without transcation fee. Is there any limit in the amount per day. Hope to hear from you asap. Thanking you. Regards,

    Dear Sir, I also want to get current account opened in SBI bank. Please let me know what is the procedure out there if you have already opened it in the name of your proprietor firm.

    Dear MANOJ, if you want to open C.A/c of your proprietor firm. then you need to minimum two document of your Identity (One should PAN Card and one another UID or Voter ID) and Two Documents of your proprietor firm (MC License Under Act Shop or Office Establishment or Income Tax Return ITR-4S with Your Trade name or MTNL, BSNL Landline Bill) and one Affidavit in local or in English language that provide the information to bank that you have no any such have existing C.A/c in any bank till now.

    i have a current account in the name of my company in SBI. i have only deposited the amount when it is opened i.e rs. 5000.00. so nw i want to knw that can i withdraw the money in credit from my account...? n wat ll b minimum & the maximum amount i can withdraw...?

    i like to open a account in SBI and i want to know wat is de initial amount i have to deposit in account

    1. If i have saving Account in SBI wat i have to do to get an Current Account. 2. CAn i deposit cheqs in any other SBI branch rather than the branch where i have my account.

    I have my own shop in Distt Rae Bareli (U.P.) By the Name of Delux Electrostate Centre. I went to your City Bank, Near Degree College Chauraha, Rae bareli for open new current Account. Pl. tell me the which documents are required for opening the New current account by the name of Firm I have my I.D. Proof, Pan Card, Labour Office Registration Certificate But your Branch manager is not satisfied for these documents whenever my account is already in Bank of India Branch Rae Bareli but I am not satisfied with the services of Bank of India. Please tell me how can i open account in your bank

    I have my own shop in Distt Rae Bareli (U.P.) By the Name of Delux Electrostate Centre. I went to your City Bank, Near Degree College Chauraha, Rae bareli for open new current Account. Pl. tell me the which documents are required for opening the New current account by the name of Firm I have my I.D. Proof, Pan Card, Labour Office Registration Certificate But your Branch manager is not satisfied for these documents whenever my account is already in Bank of India Branch Rae Bareli but I am not satisfied with the services of Bank of India. Please tell me how can i open account in your bank

    I WANT TO CHECK MY ACCOUNT BALANCE IN SBI. MY ACCOUNT NO.IS 01090025215 PLS SEND ME THIS REQUEST ON MY EMAIL ID OR MY MOBILE NO. MY E-MAIL ID IS RHLSINGHANIA708@GMAIL.COM & MOBILE NO. 09761147810 I SHELL BE VERY OBLIGED TO YOU . THANK YOU

    I WANT TO OPEN CURRENT ACCOUNT IN SBI BANK.SO CAN I KNOW THE PROCEDURE FOR OPENING CURRENT ACCOUNT.I DON'T HAVE IDEA ABOUT CURRENT ACCOUNT.SO CAN YOU SEND ME THE DETAIL OF CURRENT ACCOUNT OPENING ON MY EMAIL ID snhpower@gmail.com.plz do the needful.THANKYOU

    I want to open current account in SBI. Kindly provide documents details for the pvt ltd company.

    Dear Sir/Madem, My Company Name is M/s Selva Gold Covering (P) Ltd., Located in avenue Road, Bangalore. We Need Ond Current Account For Your Bank Of City Market Branch in bangalore. So, What You Want Documents To Open The Current A/c.So, please send the details thanking you,

    Dear Sir / Madem, I want to open current account in SBI. Kindly provide documents details for the same

    Dear Sir / Madem, I want to open current account in SBI. Kindly provide documents details for the same

    I want to open an current account for a private limited company. Please provide the details (required documents) for opening the current account. Provide the information as soon as possible.

    I WANT TO OPEN proprietor CURRENT ACCOUNT IN SBI BANK.SO CAN I KNOW THE PROCEDURE FOR OPENING CURRENT ACCOUNT.I DON'T HAVE IDEA ABOUT CURRENT ACCOUNT.SO CAN YOU SEND ME THE DETAIL OF CURRENT ACCOUNT OPENING ON MY EMAIL ID rahulwalter@gmail.com.plz do the needful.THANKYOU

    dear friend please contact sbi branch its best for current account and hassele free others are good but keep on changing time to time

    Let me know where are you from and what you do. reach me on 9920982743 if you are from mumbai for Current Account.

    Hi , I am owning company. It is is in registration process. I want the check list of items for opening the Current Account.Please proivde the details. I visited Tamabram branch. It was so upset that one of the officer says that he has no idea. He asking to come tomorrow.Really surprised. So please help me in this regards

    My self saurav. I got a computer Institute with self proprietor. I want to open current account at sbi. Please provide the documents and amount to be deposited for opening current account at SBI,

    Dear Sir, I would like open current account in SBI please reply me the required documents and initial payment to open the account.

    bal:5000, ur ration card or passport or voter card And who r u having accouunt in that bank , that persons signature...........

    I want to open current account in SBI. Kindly provide documents details for the pvt ltd company.

    I want to open current account in SBI. Kindly provide documents details for the engineering works company.

    I want to open a current a/c in your bank in the name of a newly opened proprietorship firm. pls advise me the formalities and documentation.

    for applying IE code i need a current account in the company name... but in the sbi mdu branch they told me to register it under SSI and get the copy for the same......but the SSI form states that it is only for manufacture but i am a mercandiser....i need advice in this

    Dear sir, GREETINGS!! I want to open a current account in the name of my proprietorship firm.What is the prosudure to open this account?

    i want 2 open current account of sole proprieter in sbi.please let me know the documents required for opening current account & wat facilities provided by sbi regarding this. please email me as soon as possible at goyal.preeti18@gmail.com

    i want 2 open current account of sole proprieter in sbi.please let me know the documents required for opening current account & wat facilities provided by sbi regarding this. please email me as soon as possible at murthy12sai@gmail.com

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