Savings Account News : Hello friends, a big news of relief has come out for those who have savings accounts. The news has come out that now no charges will be deducted even on zero balance.
Yes, let us tell you that new rules are coming into effect from 25th July 2025, for which we are going to provide you complete information about Savings Account News in detail through this article, so you must read this post till the end.
Why was this final decision taken?
This decision has been taken only for which some major reasons are given below:-
- Friends, till now it was mandatory to maintain a balance of at least ₹ 1000 to ₹ 10000 in government and private banks.
- If this balance went down, a charge of minimum ₹50 and maximum ₹600 would be levied every month.
- Due to which the common man, especially the rural and lower middle class people faced a lot of problems.
Therefore, considering all the problems mentioned above, this decision has been taken by the government.
Know what are the new rules of Zero Balance Policy?
- Friends, now there is no compulsion to keep any minimum balance in any bank’s savings account i.e. in all accounts.
- Customers will now be able to easily keep their account active as per their wish even with zero balance, this is a very good news.
- No penalty or maintenance charge or fine will now be taken from you by the bank.
- This new rule is going to be applicable on all bank accounts, whether it is a government bank or a private bank, it will be applicable on all.
Who will benefit from this rule?
The people who are going to benefit from this rule taken under Savings Account News are as follows:-
- Laborers, farmers and small businessmen living in rural areas will benefit.
- The biggest benefit will go to the students as they will be able to maintain their savings account during their studies.
- That housewife who wants to become financially independent by saving little by little.
By which bank was this rule accepted?
| Here we are giving the name of the bank | Minimum balance as before | Balance as of now | Charges levied on work balance as before | Charges levied under the new rules |
|---|---|---|---|---|
| State Bank Of India | 3000 Rupees | 0 Rupees | 100 to 600 rupees | 0 Rupees |
| Punjab National Bank | 2000 Rupees | 0 Rupees | 50 rupees to 500 rupees | 0 Rupees |
| HDFC Bank | 1000 Rupees | 0 Rupees | Rs.150 to Rs.600 | 0 Rupees |
| Axis Bank | 12000 Rupees | 0 Rupees | Rs.100 to Rs.600 | 0 Rupees |
| ICICI Bank | 10000 Rupees | 0 Rupees | 100 rupees to 500 rupees | 0 Rupees |
| Union Bank Of India | 1500 Rupees | 0 Rupees | 50 rupees to 400 rupees | 0 Rupees |
| Bank Of Baroda | 2000 Rupees | 0 Rupees | 100 rupees to 300 rupees | 0 Rupees |
