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Minimum Balance Charges
Minimum Balance requirement in Savings & Current Accounts and Charges for non maintenance of Minimum Balance:MQAB (Minimum Quarterly Average Balance) | Charges for non maintaining MQAB per quarter | MMAB (Minimum Monthly Average Balance) | Charges for non maintaining MMAB per month | |
---|---|---|---|---|
Current Deposits | 5000 | 312.50 | 5000 | 105 |
Savings Deposits | 1000 | Rs.65/- plus service tax per quarter | NA | NA |
(In case of SB accounts of students of those institutions who are maintaining their a/c.with us or in whose campus our branches are located ) | 50% of charges as in Savings Deposits | NA |