Race of MAB waiver in PSBs

[pinki]

Recently I am seeing a new race within PSBs to waive off Minimum Balance requirements. A few banks already waived off the charges as below:

1. SBI (State Bank of India)
2. CANARA BANK
3. CBI (Central Bank of India)
4. PNB (Punjab National Bank)
5. BOB (Bank of Baroda)
6. BOI (Bank of India)
7. INDIAN BANK

I may miss any other bank's name who is already poked his nose into this new age race. Please let me know your view on it & how are getting benefitted from this changes?

Thanks

 

[komal]

Do we expect this from top private banks ?
Kotak , indie are truly 0 balance and idfc is somewhat 0 balance to many customers.

Only left is HDFC and ICICI .

 

[6ix9ine]

Do we expect this from top private banks ?
Kotak , indie are truly 0 balance and idfc is somewhat 0 balance to many customers.

Only left is HDFC and ICICI .

ICICI had 0 bal account, they closed it. It was 0 funding, no bs account.

 

[komal]

ICICI had 0 bal account, they closed it. It was 0 funding, no bs account.

But as of now they are not offering any 0 balance account.

 

[6ix9ine]

But as of now they are not offering any 0 balance account.

yeah, straightforward 0 balance, definitely no. They have some 360 shit, @OptiCard maybe knows.

 

[komal]

yeah, straightforward 0 balance, definitely no. They have some 360 shit, @OptiCard maybe knows.

That 360 also I think it's 10k amb account.
Icici is only opening 1lakh AMB ACCOUNT

 

[6ix9ine]

That 360 also I think it's 10k amb account.
Icici is only opening 1lakh AMB ACCOUNT

Then they removed it completely, thanks for info.

 

[Lordkk]

Updated - Union Bank of India

Union Bank Of India Waives Charges On Non-Maintenance Of Minimum Balance In Savings Accounts

Union Bank of India now waives charges for non-maintenance of minimum balance in general savings accounts effective from Quarter ending September 2025.

zeenews.india.com

 

[6ix9ine]

Updated - Union Bank of India

Union Bank Of India Waives Charges On Non-Maintenance Of Minimum Balance In Savings Accounts

Union Bank of India now waives charges for non-maintenance of minimum balance in general savings accounts effective from Quarter ending September 2025.

zeenews.india.com

Bhai yeh news 1-2 month pehle bhi aayi thi but officially kuch release kiya kya bank ne? If yes, then theek hai else yeh news channels wale kuch jante nhi

 

[telescope]

Recently I am seeing a new race within PSBs to waive off Minimum Balance requirements. A few banks already waived off the charges as below:

1. SBI (State Bank of India)
2. CANARA BANK
3. CBI (Central Bank of India)
4. PNB (Punjab National Bank)
5. BOB (Bank of Baroda)
6. BOI (Bank of India)
7. INDIAN BANK

I may miss any other bank's name who is already poked his nose into this new age race. Please let me know your view on it & how are getting benefited from this changes?

Thanks

IOB not in the list? Didn't they waive too?

 

[Exewhyzee]

It's a 100 m race/ sprint. Zyada nhi chalegi.

 

[telescope]

Strange thing is that, I cannot see the non-maintenance charges as 0 in any of the bank's schedule of fees. No banner also. As if it didn't happen. Correct me if I am wrong. But, I cannot find anywhere that says 0 charges. I searched on canara, indian, overseas, central websites.

 

[telescope]

Strange thing is that, I cannot see the non-maintenance charges as 0 in any of the bank's schedule of fees. No banner also. As if it didn't happen. Correct me if I am wrong. But, I cannot find anywhere that says 0 charges. I searched on canara, indian, overseas, central websites.

@TechnoFino can you take up this matter on Twitter and ask for clarification from banks if the offer is continuing, and if yes, why they didn't update the schedule of charges section on their website?

 

[TechnoFinoTechnoFino is verified member.]

@TechnoFino can you take up this matter on Twitter and ask for clarification from banks if the offer is continuing, and if yes, why they didn't update the schedule of charges section on their website?

let me check this