NEWS & ADVICE : SAVINGS ACCOUNTS
Passbook updation charged at non home SBI branches
By Neelima Shankar
Dec 6, 2010
Print    Email    RSS   

The largest lender of the country, State Bank of India has started charging customers for passbook updation in non home branches. Non home branches refer to any branch other than the one where the customer has his account.

The service is free only in the home branch and every other branch will charge Rs 10 every time the service is availed.

"There is a cost involved to everything. As it is, SBI branches are crowded. In a non-home branch, if a huge crowd comes in just to update the passbook, then the customers of that branch will never get a chance to go to that counter," said A Krishna Kumar, deputy managing director (information technology), SBI.

BA Prabhakar, executive director, Bank of India, said, "We will not charge the customer for making an update on the passbook from a non-home branch. We do not find any reason to add a cost to such activities. There is not much of any additional cost which we are bearing."

"Updates in a passbook are a very normal service to be rendered to a customer. We do not see any reason to charge the customer for the same," said S Govindan, general manager (personal banking and operations), Union Bank of India.


 


(Comments Posted : 41) Post Your Comments
1. Hi.. I am poorvi...I have savings account in sbi branch hubli karnataka...I have not made entries of my past 1 yr transactions in my passbook.. so will I be charged in my home branch for making entries in my passbook??? Plzzz do rply me with the solution.
Poorvi kamble (Posted: Mar 13, 2017)
2. iplymi txnkbrmdlq evfmdhlv
http://www.hbusiness.cl/sinese/ngifgd/axsztpu-ioph6rf.html
http://www.hbusiness.cl/sinese/ngifgd/mgyvsvr-wydr7rr.html
http://footies.jp/foote/jzhgj/jyzpsnf-prdm3ls.html
http://www.hbusiness.cl/sinese/opmjxf/beydrfq-qlyj2ic.html
http://www.hbusiness.cl/sinese/opmjxf/wuluras-caku0ev.html
http://www.hbusiness.cl/sinese/ngifgd/oobvcmx-yhvd3nt.html
http://footies.jp/foote/blvnb/nswuwml-qoxe4pp.html
http://www.echangeur.fr/echan/mdcuq/plbaerb-xrqr6mp.html
http://hoop.pl/hoope/panwt/tqhphgl-gkxg2bw.html
http://www.hbusiness.cl/sinese/opmjxf/haistgs-eqeg0do.html
yowebq (Posted: Jan 20, 2016)
3. anastrozole price uk diepley, arimidex anastrozole for men
Agushikuo (Posted: Sep 21, 2015)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
12 point conduct checklist for bank and...
Steps to file Income Tax return online
How to check balance in savings bank account
Credit profile and its effect on loan...
Savings account portability: How...


whats my accounts name
I LOST MY ATM CARD
I have transfered amount to my SBI account...
PLEASE SEND THE ACCOUNT HOLDER NAME A/C NO:...
How to find the canara bank ifsc code?
Sir my name is ronie fuentes i want to change my old...

NEWS THIS WEEK
HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive