Bank News – If you are also a bank account holder then this news is for you. Especially if you have an account in these banks, now it is mandatory for you to keep the minimum balance in your account… Let us know about the new rules related to banks in the news below.
Minimum Balance Rules: Bank is a very integral part of the life of all of us where we can easily save our money without any fear. Banks provide many facilities to their customers on Saving Account Minimum Balance, but along with these facilities, customers also have to follow some important rules and regulations.
The most important in this is to maintain the minimum balance in the savings account (Saving Account Minimum Balance Rules). Let us tell you that every bank decides its own minimum average balance rule. If the minimum balance is not maintained in a person’s account, then the bank can charge a penalty from him.
Explain that the minimum balance is the amount that every person should keep at least in his account. The minimum balance amount varies from bank to bank. If you do not maintain minimum balance in your account then you may have to pay penalty to the bank.
Two big banks of the country i.e. State Bank of India and ICICI Bank have fixed different minimum balance amount for their customers. If you are also one of the crores of customers of both the banks, then we are giving you information about this rule of both the banks-
Minimum balance rules for SBI account holders-
State Bank of India (SBI Minimum Balance Rules) has fixed the rule of minimum balance in its accounts according to the area. If your account is in the branch of urban area, then it is necessary to keep at least Rs 1,000 in your account. At the same time, the amount of minimum balance for the account holders of rural areas is Rs 1,000. Whereas, if the balance is of Metro City, then this amount has been fixed at Rs 3,000.
Minimum balance rules for ICICI bank account holders-
ICICI Bank Minimum Balance Rules has also fixed the amount of minimum balance according to the area. If you have an account in an urban or metro city, then you must maintain a balance of at least Rs 10,000. At the same time, this amount should be Rs 5,000 in semi-urban and at least Rs 2,500 in rural areas. If this does not happen, you may have to pay a fine.
