HDFC Bank, Axis Bank and PNB collected highest minimum balance charges in three financial years, Parliamentary data revealed

Minimum balance charges: Banks collected significant penalties from customers for low account balances. Public sector banks ...
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SBI, PNB, HDFC and ICICI bank customers will now be fined this much for not maintaining minimum balance, know the rules..

Minimum Balance Limit: Bank account holders are required to maintain a minimum balance in their account to continue. If this minimum balance is not there in the account, then the bank charges on it.

Minimum balance penalties: Which banks collected the most, and how to know if you’re charged?

Usually, when you open a deposit or savings account, or even a business current account, account holders must maintain a minimum balance. While these accounts earn you interest over time, they also ...

Private sector banks collected over ₹11,000 cr in 3 yrs for not maintaining minimum balance in accounts

Private banks earned over ₹11,000 crore in three years for non-maintenance of minimum balance, surpassing public banks' ...