Step 1: Prepare for Account Closure
- Before you initiate the account closure process with the State Bank of India (SBI), it’s crucial to ensure that all outstanding dues are cleared.
- This includes any loan EMIs, debit or credit card fees, SMS charges, or minimum balance penalties that may apply.
- Start by transferring the remaining balance to another active account and set your SBI account balance to zero.
- In addition, you should stop any standing instructions, such as recurring payments or auto-debits, to avoid complications during the closure process.
- Gather necessary documents including your account passbook, debit card, checkbook, and proof of identity/address, such as an Aadhaar card or PAN card.
Step 2: Fill Out the Account Closure Form
- Next, you will need to fill out the SBI account closure form.
- You can download it from the SBI website or obtain a hard copy from any branch.
- Ensure you enter all relevant details clearly in block letters.
- Include your account number, reason for closing, and preferred method for receiving any residual amount, whether it’s cash, cheque, or transfer.
- Don’t forget to surrender any unused cheque leaves, your passbook, and debit card along with the form.
Step 3: Visit Your Branch
- Finally, remember that SBI does not permit fully online account closure; you must visit your home branch in person.
- Bring along the filled closure form, along with your original ID and address proof, checkbook, and passbook.
- Once you have submitted all required documents, your request for account closure will be processed by the bank staff.
By following these steps, you can smoothly close your SBI bank account without unnecessary hassles.
