Banking: Are you also troubled by the minimum balance? These 5 banks are offering special facilities, see the full list..

Every person wants to keep his earnings safe. For him, since the establishment of the bank, it has been considered the safest place. Because it is government-owned. In the beginning, there used to be only a few banks, but with time as things upgraded, the number of banks also increased, and different banks also came up. Changes in the rules of the bank were also seen from time to time. In such a situation, if you also have your account in the bank, then you must have heard about the minimum balance.

Minimum balance is the balance.

Minimum balance is the minimum amount that you have to keep in your account. If you are not able to maintain your balance, then in this situation, the bank charges. However, why does the bank charge for not maintaining the minimum balance? The reason for this is that nowadays the bank provides many types of facilities to the customers, which include ATM, mobile banking, and customer support. Apart from this, it maintains the office and pays its staff. This is the reason why the bank charges money from the customers.

Many people will benefit.

In Jehanabad, too, customers trust private banks along with government banks. This is the reason that here, there are too many private banks open along with government banks, in which lakhs of accounts are open. In such a situation, people here also have to take care of the rules of the bank and maintain a minimum balance. However, now some government banks have removed their minimum balance charge, after which customers will not have to pay any charge even if they do not maintain the minimum balance.

Minimum balance charge is not levied in these banks.

Thousands of people here will benefit from this. Because this is a rural area, where mainly people from the lower class live, and they are not able to maintain their accounts. The government banks that have abolished minimum balance charges include State Bank of India, Punjab National Bank, Indian Bank, Canara Bank, and Bank of Baroda. This means that now, even if the customer does not have the minimum balance in these banks, he will not have to pay money to the bank. This rule has come into force. Thousands of people are going to benefit from this.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.