No Minimum Balance Required?
Автор: Gautam Thakur
Загружено: 2025-07-07
Просмотров: 4110
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No Minimum Balance Required?
SBI, PNB, Canara Bank, Indian Bank, Minimum Balance Update, Zero Balance Rule, Savings Account News, Bank Charges Removed, Gautam Thakur Live
India’s major public sector banks have removed the penalty for not maintaining minimum balance in savings accounts:
➤ SBI (State Bank of India): Removed this rule in March 2020.
➤ PNB (Punjab National Bank): Ended minimum balance requirement in December 2020.
➤ Canara Bank: Waived off the charges from June 1, 2024.
➤ Indian Bank: Announced implementation from July 7, 2024.
➤ This step aims to promote financial inclusion and make banking more accessible to every citizen.
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