How To Close SBI Savings Accounts Online And Offline?

Inactive savings accounts accumulate fees, prompting depositors to learn how to close an SBI account. While many search to close SBI account online, standard accounts require a physical branch visit to surrender banking tools. Official termination requires submitting a formal sbi account close application directly to the home branch.

Key Highlights:

  • Branch visit required: Accounts must be closed at an SBI branch with ID and bank items returned.
  • Closure charges: Free within 14 days or after 1 year; ₹500 + GST between 15 days and 1 year.
  • No charges: BSBD and Jan Dhan accounts are free to close anytime.
  • Death claims: Below ₹5 lakh require basic legal heir proof; above ₹5 lakh require additional legal documents.

SBI Account Closing Charges

The following table mentions the SBI account closing charges:

Timeframe for Account ClosureCharges
Within 14 days of openingNo fees
14 days up to 1 year₹500 + GST
Beyond 1 yearNo fees

Documents Required to Close SBI Account

The following are the documents required to close the SBI account:

  • SBI account closure request form
  • Cheque book leaves
  • Debit card
  • Passbook
  • Identity proof documents
  • Address proof documents

How to Close an SBI Savings Account Online?

Currently, SBI does not offer online account closure. To close your account, visit the home branch, complete the account closure form, and submit it along with ID proof and any account items.

Ensure all dues are cleared, and closure fees (if any) are paid. Once submitted, the bank typically processes the request within a week.

How to Close an SBI Savings Account Offline?

Here are the steps to close an SBI account offline:

Step 1: Visit the nearest SBI bank branch and get the account closure form.

Step 2: Complete the form by providing your details accurately and submit it at the branch.

Step 3: Attach copies of the identity proof, address proof, original chequebook, original deposit book, and ATM or debit cards.

Step 4: Pay any outstanding fees, if applicable.

The representatives of SBI will process the request and close the account within seven business days, considering the account type and age.

SBI Account Closure Form

The SBI Account Closure form can be collected from the nearest SBI bank branch or downloaded online and printed. Once the form is complete, attach the necessary documents and submit it to the bank branch where you have an account. 

How to Close an SBI Account from Abroad?

To close your SBI account while you are abroad. Follow the steps mentioned below to close the account:

Step 1: Reach out to the SBI branch where the account is held. Inform the reason for closing the account via phone or email.

Step 2: Provide the necessary documents to the SBI branch with a written request to close the account. These might include a copy of your passport, visa, and proof of address.

Step 3: Clear any outstanding transactions and pay all dues before initiating the account closure.

Step 4: Wait for confirmation from the SBI branch regarding the successful closure of the account and the transfer of any remaining balance to the specified account.

Note: The process for closing an SBI account from abroad may differ based on your location and the specific rules of the SBI branch. It's best to check with the branch directly for the exact steps and requirements.

How to Close an SBI Account After Death?

Applicants can close an SBI account after the death of an account holder by submitting the claim settlement form. depending on two factors:

i.Has a Nominee

If the account holder has a nominee, the nominee can close the SBI account of the deceased person by submitting the following documents to the bank branch where the account was held:

  • Claim settlement form in the standard format of the bank 
  • Full details of the accounts of the deceased person
  • Death certificate of the deceased account holder issued by the competent authority
  • Nominee KYC (Know Your Customer) documents

ii. No Nominee

If there is no nomination for the deceased’s account, the legal heirs must submit the claim settlement form to the bank, without legal representation, along with the required documents. The claim settlement form without legal representation can also be downloaded from the SBI Bank’s website.

Documents Required for the Closure of the Account of a Deceased Person

The documents required for the closure of an account of a deceased person without a nomination are as follows:

Claim AmountRequired Documents
Below ₹5 lakhDeath certificate; KYC of legal heirs; legal heirs’ account details (if any); duly filled claim form; indemnity letter; disclaimer letter (if applicable); declaration by an independent person/SBI account holder/government official
Above ₹5 lakhAll documents for below ₹5 lakh claims; affidavit before Notary/Judicial Magistrate; surety with indemnity letter; surety details and proof for verification report

Final Word

Following the correct steps to close an SBI account helps avoid charges and delays. Regular accounts must be closed at the branch, while online closure is mainly for term deposits. After clearing dues and submitting documents, the account is usually closed within 7 working days.

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2. How to Close Axis Bank Account Online & Offline?

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Frequently Asked Questions

Is there any charges for closing savings bank account?
How do I permanently close my savings account?
Does the SBI bank account close automatically?
Can I close my SBI Savings Account online?
Is it possible to close the SBI account from abroad?
Can I close my SBI account from any branch?
How many days does it take to close an SBI account?
Do we need to go to a home branch to close an SBI account?
What will happen if I do not close my bank account?
What happens if I do not use my SBI account for 10 years?
What happens to my money if I close my bank account?