<h1>SBI Slashes Non-Maintenance Charges for Savings Accounts by 75%, Benefiting 25 Crore Customers Starting April 1.</h1> The State Bank of India (SBI) announced a reduction in charges for non-maintenance of an average monthly balance (AMB) in savings accounts by up to 75%, effective April 1. For metro and urban areas, charges are reduced from Rs. 50 to Rs. 15 per month plus GST, while for semi-urban and rural areas, they are reduced to Rs. 12 and Rs. 10 per month plus GST, respectively. This change will benefit 25 crore customers. SBI also allows customers to switch to a basic savings bank deposit account (BSBD) with no charges. Accounts under certain government schemes are already exempt from these charges.