WebAnswer (1 of 6): For a regular savings account, It is ₹100 + service tax which is about ₹115 . It is based on quarterly average balance which should not be less than ₹500 in metro branches. WebSimply put, you must maintain a larger balance in your account to benefit from interest rates. This, and of course, to avoid penalties – if your balance goes below the minimum. Here’s why you shouldn’t fall below maintaining balance. The minimum balance that a client should maintain in their regular savings account is P3,000.

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WebIf you are unable to do so, your account may be subject to charges. If the account holder does not maintain the minimum balance as indicated, banks normally levy a monthly fee … WebService/Transaction charges based on non - maintainence of AMB (as specified above) do not apply to Preferred , Corporate Salary & SuperSaver customers All fees and charges are … bts txt playlist

PNB recovers Rs 278 cr from poor account holders as penalty

WebAnswer (1 of 2): Please maintain average balance in your account, fund your account atleast on last day of the month. Eg suppose average minimum balance you need to maintain is Rs 10,000/— per month. So Rs 10,000/— multiplied by 30 days comes to Rs 3,00,000/— So fund your account with Rs 3L on ... WebNew Delhi: Most banks require their customers to maintain a minimum balance in their savings account. Failing to do this attracts and non-maintenance penalty. The minimum … WebMar 12, 2024 · Tips to Manage Your Minimum Average Balance (MAB) Here are situations in which he can save himself from paying any penalty: He maintains a balance above Rs 3000 every day. Thus, he will have a minimum of Rs 90,000 as MAB for the month. He maintains a balance of Rs 3000 every day except for a couple of days when his balance fell to Rs 1000. expedited usps passport