Minimum Balance Rule: Hello friends, do you have an account in Punjab National Bank? Then today’s post is very beneficial and important for you. Let us tell you that crores of customers of Punjab National Bank have got a very big good news gift. Good news has come for all of you that now you will get rid of the hassle of keeping a minimum balance in Punjab National Bank.
So below you all must try to read in detail the information about the new Minimum Balance Rule issued by Punjab National Bank.
Penalty charges will no longer be deducted
Punjab National Bank’s Managing Director and also CEO Ashok Chandra has said that the objective of the decision is to reduce the financial burden of the customer.
It has been clearly stated by them that this step taken by us is demonstrating our unwavering commitment. Under this, we have set a target to connect more and more people to banking services.
Saving account holders will get benefits
Friends, I want to inform you that the new decision will benefit the customers the most who are unable to maintain the minimum balance in their accounts due to some reason. If you have an account in Punjab National Bank, then you should know well that earlier a penalty was charged for not maintaining the minimum balance in the account.
Now you have got rid of this and the saving account holders will get the full benefit of this.
Especially these people will benefit
Punjab National Bank has clearly stated that this decision has been taken keeping in mind women, farmers and low-income families. It was very difficult for the candidates of these categories to maintain the minimum balance due to which they used to get into fines, from which they have now got relief.
This rule will apply only to savings accounts
Here a big news is coming out that the new rule issued by Punjab National Bank is going to be applicable only on savings accounts. This means that if you have a savings account in Punjab National Bank, then you can take advantage of this rule.
That is, no fee will be charged from you even if you do not maintain the minimum balance. However, this rule has not been implemented by Punjabi National Bank for current accounts or those account types.
