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Sunday, July 1, 2018

MINIMUM BALANCE IN SAVINGS ACCOUNT OF SBI, AXIS, HDFC, PNB AND ICICI BANKS

MINIMUM BALANCE IN SAVINGS ACCOUNT OF SBI, AXIS, HDFC, PNB AND ICICI BANKS

Minimum balance for all government banks is about Rs 500, but if you open an account in the public account, then there is zero sum for it. If private banks have an account, then the limit of minimum balance ranges from Rs 5000 to Rs 10,000. The minimum balance for the current account in government banks is Rs 2,500 to Rs 5000 and for private banks, this is Rs 10000. To know how much money is currently in a bank, you can also know by going to your bank's website or checking directly at the branch of the bank.

Here, we will tell you how much the minimum balance should be in banks like SBI, HDFC, ICICI-

State Bank of India
State Bank of India (SBI) has announced a reduction of 75% in AMB (average monthly balance) fee effective on Tuesday, April 1, 2018.

At SBI, the minimum balance in the savings account is 3000 rupees, the deduction of 50 rupees per month, there are many times there are 20 rupees per transaction and 8 rupees for balance inquiry.

Axis Bank
Axis Bank allows five free transactions per month including deposits and withdrawals to customers. Apart from this, customers are charged a minimum fee of Rs 95 per transaction.

HDFC Bank
10,000 Minimum Balance in Savings account at HDFC Bank, Charging up to Rs 600, many times 20 transactions per transaction and 8.5 rupees for Balance Inquiry.

ICICI Bank
In ICICI Bank, 10,000 Minimum Balance on Savings Account, Charged Rs 1000, 5% less than Minimum Balance, 20 Rupees for Transaction, and Rs 8.5 for Balance Inquiry. other than this

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