The following major rules will generally affect most of the account holders in respect of charges and fees levied on them.

 Average Minimum Balance 

A lot of customers were not aware until they were charged with substantial deduction when they found the balance showed negative or after depositing money, the balance reduced.

Now the AMB is reduced from Rs 5000 to Rs 3000 for urban areas. This particular change is a good move for most people.

In semi-urban, the limit is Rs 2000 and Rural limit is Rs 1000/-  

It’s always better to maintain AMB to avoid unnecessary charge range from Rs 10 plus GST depending on the slabs and other conditions.