Various Indian commercial banks such as SBI, HDFC, ICICI, etc have their rules in regard to minimum balance and penalty if a customer fails to maintain minimum monthly balance in his or her account.

SBI has announced reduction in its AMB charges by up to 75%, effective from April 1 this year. In a move that will benefit about 25 crore customers, the State Bank of India (SBI) on Tuesday announced ...

ICICI Bank vs SBI vs HDFC Bank Minimum Balance: ICICI Bank has been under fire from the general public after hiking its minimum balance for savings accounts. The ICICI Bank minimum balance for savings ...

Don't you hate it when you look at your bank statement and find various bank charges eating your hard-earned money? Though a small sum, they wipe out a huge amount of money over a long period of time.

Banks, both public and private, require their customers with regular savings accounts to maintain a certain average monthly balance. Banks levy certain penalty from the customers if the balance in ...