You Need This Much Balance In Savings Account To Avoid Penalty Charges

You Need This Much Balance In Your Savings Account To Avoid Penalty Charges

Top banks have laid out their own rules to determine the required average monthly balance and the amount of penalty in case of non-compliance.

Corporates | | Updated: May 02, 2019 15:29 IST
You Need This Much Balance In Your Savings Account To Avoid Penalty Charges

Minimum balance rules: SBI, HDFC Bank and ICICI Bank require an AMB of Rs 1,000-2,500 in rural branches