Which bank is charging how much for not maintaining minimum balance? Check details here

1 month ago 33
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New Delhi: There was news recently that government banks collectively charged approximately Rs 8,495 crore from their customers for not maintaining the minimum balance. This news made a lot of headlines. Let us tell you that the country's largest bank, State Bank (SBI), has not been charging any fee for not maintaining the minimum balance for the last few years. However, several other government banks continue to levy such charges. Among them, Punjab National Bank (PNB) collected the highest penalty, amounting to Rs 1,538 crore over the last five years. Here’s a breakdown of the charges imposed by various banks for not maintaining the minimum balance.
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