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MouthShut Score

42%
2.17 

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1800-11-2211

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High charges
Apr 22, 2017 05:18 PM 1660 Views (via Android App)

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Recently The country’s largest lender has announced imposing penalty ranging from Rs20-100 on non-maintenance of Minimum Average Balance ( MAB) in savings bank accounts from 1 April. The penalty is as high as Rs500 in case of current accounts. The penalty for breach of MAB is being reintroduced after a gap of five years.


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