Like other banks, PNB also provides many facilities to its customers and charges service charges from the customers for this. Not only this, PNB also charges penalty from its customers in many cases.
PNB News: Punjab National Bank (PNB) is the third largest government bank in the country in terms of market cap. In terms of customers, PNB is also included in the list of India’s largest government banks, which has crores of customers and a strong network of thousands of branches.
If you are a PNB customer then this news is for you. Punjab National Bank gives its customers the facility to open many types of savings accounts. Apart from opening a basic savings account in PNB, you can also open a PNB Unnati Saving Fund account. Along with this, a Prudent Sweep account can also be opened in PNB.
If minimum balance is not maintained, money will be deducted from the account
Like other banks, PNB also provides many facilities to its customers and charges service charges from the customers for this. Not only this, PNB also charges penalty from its customers in many cases. Yes, if you do not maintain minimum balance in your savings account, then PNB can deduct money directly from your account. Today we will know here how much penalty PNB charges in case of not maintaining minimum balance.
What is the limit for which savings account
There is no need to maintain minimum balance for PNB’s basic savings accounts. However, it is mandatory for you to keep a minimum balance of Rs 25,000 in PNB Prudent Sweep Account, otherwise a penalty will be charged from you. Apart from this, there is different limit for PNB Unnati Saving Fund Account according to different areas. If your account is in a rural area branch, then you have to keep at least Rs 500.
For accounts in semi-urban areas, this limit is Rs 1000 and for accounts in urban and metro areas, this limit is Rs 2000. If you do not maintain this minimum balance limit for your PNB account, then the bank will directly deduct the penalty amount from your account.
