A big update has come from RBI again in which it has been told what should be the minimum balance limit. Let us tell you that this news has been going on recently and a new rule has come out regarding the balance limit. If you are depositing money in the bank account alone or if you are a student, then this information is very important for you. This information is also very important for pensioners and apart from this, a new rule has come out in Chaunhali for maintaining minimum balance. This rule is applicable to all the customers of HDFC, SBI, Punjab National Bank and other Axis Bank. Let us tell you in detail and understand whether new news has come out through media reports regarding the minimum balance limit.
SBI customers will get big relief
All the customers of State Bank of India (SBI) will get a big relief, such information has come out and many years ago the minimum balance limit was less but now it has been increased. At a time when other bank customers were fined for keeping balance less than the limit, but SBI’s move here can bring a very big change and now if your balance is less, then you need to be rest assured because you do not need to pay any separate charge.
Daily wage workers and low-income families will be affected
Let us tell you that if there is less balance in the account, then there will be no worry of freezing because this freedom has made SBI the preferred choice for those who receive salary. That is why if you do wage work then you need not worry, if your money is deposited in a fixed amount every month then you need not worry and neither will your bank account be closed. Employees who do jobs whose money is deposited in the bank account and their bank account is a limit bank account i.e. its a current account in which a fixed amount has to be deposited every month, then it is very important for them to keep a limit balance.
What should be the minimum balance?
Your bank balance shows how much money you have to deposit in a month. If you deposit a fixed amount every month, then the same amount should be deposited every month. However, there are some bank accounts in which the balance limit is fixed. If you do not have that much balance in your bank account, then you may have to pay a penalty. However, RBI has not yet given any exact information about this and neither has any strict rule been made. It is based on your bank. The bank employees inform you while opening your bank account or if there is any kind of change.