How to calculate SBI monthly average balance minimum balance penalty fine

SBI(State Bank of India) now a largest bank in India after merging with 5 associate banks(State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT)) and BMB. SBI now has become a large bank with more than 39 crore accounts with 24000 branches and more than 50000 ATMs all over India. Recently SBI has declared to improve its facility to its customers by providing facilities which private and international banks provide. With this SBI has also declared to charge of fees for non maintaining of account balance. Minimum account balanced will be calculated based on monthly average balance. This section will give you the technique to calculate your minimum charge fees for your SBI account. Remember that SBI will charge maximum of rupees 100(service tax will be added with this). SBI has segmented the branches based on location, for metro city branches MAB is 5000, For urban MAB 30...