Question related to RBI on negative account balance

[HarshitRajput]

As we all know about RBI rule that banks cannot impose negative charges on saving account. Will RBI help me on this scenario..👇

I have not maintained balance with PNB bank since last two years. Bank has not shown any negative balance anytime though but last month I deposited 30k and approx Rs.1500 was deducted as mab shortfall, debit cardannualcharges, sms charges.

So what's the point of this policy when there are charges pending and you can't waive off. It will deducted as soon as you deposit money in account.

Isse acha toh -ve balance he show hota to kam se kam pta toh chlta kitna charges deduct hoga.

 

[VISHESH_BANSAL]

As we all know about RBI rule that banks cannot impose negative charges on saving account. Will RBI help me on this scenario..👇

I have not maintained balance with PNB bank since last two years. Bank has not shown any negative balance anytime though but last month I deposited 30k and approx Rs.1500 was deducted as mab shortfall, debit cardannualcharges, sms charges.

So what's the point of this policy when there are charges pending and you can't waive off. It will deducted as soon as you deposit money in account.

Isse acha toh -ve balance he show hota to kam se kam pta toh chlta kitna charges deduct hoga.

Effective Balance negative hoga.

Effective Balance Netbanking ya Mobile Banking m show hota hai.
PNB ka pta nhi show karta hai ya nhi

But Account Balance will remain zero.
Like in statement or Passbook Account Balance Will never show in negative

only Effective Balance will show as negative.

In your case charges were already Accrued in Account and must be reflecting in Effective Balance

PNB is just waiting when you fund the Account and Charges get adjusted.

In your case Charges also include SMS and Debit Card fee so PNB can Accrue charges.

As per RBI Guidelines Banks can not Accrue only Non Maintenance charges

But if other charges like SMS Debit Card fee etc, are also pending Bank can accrue NMC also and deduct instantly whenever you fund your Account.

Suppose if only NMC are payable then charges are deducted next day or same day after few hours of Account funding automatically but not instantly after funding because Bank can't Accrue only Non Maintenance Charges as per RBI Guidelines

 

[VISHESH_BANSAL]

Account Open Karte time Schedule of Charges ko Accept kiya hai, toh Bank waive off kyu karega.

RBI ki Guidelines ko galat interpret karoge toh aisa hi hoga.

RBI yeh nhI Kehta ki Bank ke service charge kabhi Dene hi nhii Agar Bank m Balance zero hai toh.

 

[WinSuperb7251]

As we all know about RBI rule that banks cannot impose negative charges on saving account. Will RBI help me on this scenario..👇

I have not maintained balance with PNB bank since last two years. Bank has not shown any negative balance anytime though but last month I deposited 30k and approx Rs.1500 was deducted as mab shortfall, debit cardannualcharges, sms charges.

So what's the point of this policy when there are charges pending and you can't waive off. It will deducted as soon as you deposit money in account.

Isse acha toh -ve balance he show hota to kam se kam pta toh chlta kitna charges deduct hoga.

How of that component is the non maintenance charges