Are you worried and confused about Lien amount in SBI? Well you are not alone. In most cases, this should not be reason to worry. In this post we cover about following:
- What is Lien Amount?
- Reasons for having Lien Amount in SBI?
- How can you remove Lien in SBI online & Offline?
What is Lien Amount in SBI?
Lien amount in SBI or any other bank is blocking specified amount in your bank account which you cannot withdraw or use without the approval of the bank or concerned authority. The lien may be imposed by the bank itself or may be through an authority such as court or tribunals.
The right of lien can be charged in the following ways:
• Right to particular lien
• Right to a general lien
• Right to lien
However, liens in most cases are not a reason to worry. In the next section we discuss what are various reasons for liens in SBI.
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