What if minimum balance is not maintained in PNB?
Punjab National Bank requires you to keep a minimum quarterly average balance of 1,000 in metros in a savings account. The bank charges 200 per quarter as penalty if MAB is not maintained.
How much is the maintaining balance in PNB savings account?
PNB Prime Savings Account Fees and Charges
| Balance Requirement | |
|---|---|
| Minimum Maintaining Balance | Php 50,000.00 |
| Minimum ADB to Earn Interest | Php 100,000.00 |
| Interest Rate | Balance of Php 100,000.00 to 499,999 – 0.125% p.a. Balance of Php 500,000.00 and up – 0.250% p.a. |
| Dormancy | 2 years |
What is the charge for not maintaining minimum balance in PNB?
500. For individuals not maintaining the minimum quarterly balance, penalty charges apply. Every customer under the PNB Power Savings gets 40 cheque leaves a year completely free.
How can I check my minimum balance in PNB?
Punjab National Bank Missed Call Service
- Available to customers who have registered their Mobile number with the Bank.
- Give a missed call to toll free number 1800 180 2223 and tolled number 0120-2303090 and get the Account Balance through SMS.
Is PNB safe to keep money?
Punjab National Bank is one of the major government owned banks in India that offer multinational banking and financial services. Since it is a government owned bank, the deposits of the bank are safe.
Can we open zero balance account in PNB?
To open PNB zero balance account, individuals have to visit a bank branch or Business Correspondent (Bank Mitr) to open a PNB zero balance account.
Can I open two accounts in PNB?
You may have different accounts, in case the customer-id of the accounts is same, then all accounts would be displayed automatically under the single Internet Banking user id.
What is the limit of zero balance account in PNB?
Extent of transactions/ Operation permitted: There will be no limit on the number of deposits that can be made in a month. Account holder will be allowed a maximum of four withdrawals in a month. However the number of ATM withdrawals will be excluded in overall limit of four withdrawals in a month.