How To Close SBI Bank Account?

SBI (State Bank Of India) is one of the top public sector banks in India, with a wide base of customers and a number of branches across the country. It offers a wide range of financial and banking services for its customers. 

There are several reasons to close a bank account, such as low balance, unsatisfied bank services, high maintenance charges, and many more. For whatever reason, you want to close your SBI bank, here all the details and procedures are mentioned in simple steps. 

Let’s check the procedure and follow the steps and close your SBI bank account without any hassles. 

Follow The Easy Steps To Close SBI Account

It might be difficult for many people to close the SBI bank account; by following the below-mentioned steps, you can easily deactivate your SBI bank account without any hassles. The SBI bank account closing process is very simple that you can do in a span of time. Follow the steps and easily close your bank account in the State Bank Of India. 

Step 1- Get the SBI account closure form. 

The initial step to deactivate the account is getting the SBI account closure form. You can get the form by visiting the bank or downloading the SBI account closure form online from the official website or I mentioned below. 

Step 2- Fill in the details in the form.

Once you get the SBI account closure form, follow the second step. At the second step, you need to fill in the information asked in the account closing form. You need to fill in the following details, and it must be accurate: 

• Account holder’s name
• Signature of the account holder
• Bank account number of the account holder
• Contact number
• Fill the city, state and pin code in the given box
• Reasons for closing the bank account
• Options to transfer the remaining balance 

Step 3- Form submission 

After filling the form, you need to submit the SBI account closure form to the bank along with the checkbook, passbook, and debit card is given by the bank. It might also be possible that the bank manager will ask you for address proof while form submission, so provide the same to close your account without any hassles. 

Step 4- Account gets closed.

Once the submission process is done by providing all the correct details in the form, you will receive an SMS on your registered mobile number or a mail on your email id. It will notify you that your account is now closed. In this way, you can close your SBI bank account with no hassles. 

NOTE: If you find any difficulty in closing your SBI bank account, you can call on a toll-free number 1800112211. The customer care executive will resolve all your queries and help you to close the bank account. 

Things To Do Before Closing SBI Bank Account

Things You Should Keep In Mind Before Closing SBI Account. 

• The most critical thing that you should remember is that you will never reopen an account in the State Bank Of India once you close the bank account. 
• Make sure that your account has zero balance while closing the account. 
• Clear all the dues in the bank before closing your bank account. 
• Don’t forget to have your bank account statement as it requires at certain times. 
• It’s also recommended to cancel all your automation payments and transactions linked with your bank account. 

SBI Account Closure Form 

It’s easy to get the SBI account closure form. You can get the form from the branch, or you can download the SBI account closure form as below

SBI Bank Account Closing Charges

The State Bank Of India (SBI) is one of the most profound banks in India, and it facilitates low account closing charges. Usually, the bank levy account closing charge ranges between rupees 500 to 1000. However, SBI revised its account closing charges in a certain period of time and recently, it charges rupees 500 from the account holder if they close the account between 14 days-1 years. And this amount is only applicable to the saving account holder. 

If you have a current account in SBI, you have to pay 1000 rupees to close the account within 14 days to 1 year. Furthermore, the bank can also include GST charges while closing the State Bank Of India bank account.

Conclusion: Key Take-Away Points

State Bank Of India is one of the popular banks in our country. It has several branches in rural and urban areas. This bank has a wide base of customers, and it improves its banking services from before. This bank offers a customer care number 1800 425 3800 to solve the issues of customers related to banking services. 

We hope the following information given here will help you to close the bank account of the State Bank Of India. The steps are given for “How To Close SBI Bank Account” are helpful and guide you to easily close the account without facing any problem. 

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