Question: What Is The Minimum Balance Required In PNB?

How can I check my account balance in PNB?

To check your PNB account balance by SMS, register for PNB Missed Call facility by sending an SMS to .

After a one-time registration process SMS BAL /space/ 16 digit Account Number to 1800-180-2223/ 0120-2303090 from your registered mobile number to know about PNB account balance..

Can I open zero balance account in PNB?

PNB Basic Saving Bank Deposit Account is a Zero Balance Account from PNB. Individuals without a savings account can open a PNB basic savings account without submitting a lot of documents. This will help individuals to avail other basic facilities as well.

What happens if minimum balance is not maintained?

Most banks require their customers to maintain a minimum balance in their account. They charge their account holders for the non-maintenance of minimum average balance (MAB). … If customers fail to maintain this balance, they will have to pay a penalty of up to Rs 75 – every month!

How can we avoid minimum balance charges?

To avoid such circumstances, you can opt for a zero balance account. You can open a zero balance account, even if you are a non-salaried account holder of a bank. With this option, account holders will not be required to maintain a monthly average balance.

Is Passbook safer than ATM?

Though both accounts earn interest, the main difference between the two is that an ATM account is typically used for spending while a passbook account is for savings. … Given this setup, passbook accounts are generally safer than ATM accounts for long-term storage of savings.

Which bank has the lowest minimum balance?

List of All Banks Savings Account Interest Rates and Minimum Balance 2020List of Savings Account BanksMinimum Balance Required(INR)Andhra Bank0/5//100/1000Axis Bank0/10000/25000/100000Bank of Baroda0/5/1000Bank of India500/5000/10000/20000/10000033 more rows

Is PNB safe bank?

6)PNB (Punjab National Bank) Punjab National Bank is one of the major government owned banks in India that offer multinational banking and financial services. … Since it is a government owned bank, the deposits of the bank are safe. It has a very long history and track record of serving people in the country.

Is PNB net banking chargeable?

PNB customers can generate an MMID through mobile banking, internet banking or ATMs….Charges.PNB service charges for NEFTTransaction AmountChargesAbove Rs10,000/- to Rs.1,00,000/-*Rs.5.00 + GSTAbove Rs.1,00,000/- to Rs.2,00,000/-Rs. 15.00 + GSTAbove Rs.2,00,000/-Rs.25.00 + GST2 more rows•Apr 11, 2018

How can I check my PNB ATM card status?

Call the Toll free number: Customers seeking to know the status of their application can directly call PNB’s Toll free number which is 1800-180-2345.

What is the minimum balance for PNB account?

PNB Savings Account Minimum BalanceType of Savings AccountMinimum BalanceSavings Deposit – General AccountRs. 500 – for rural areas Rs. 1000 – for semi-urban areas Rs. 1000 – for urban areas Rs. 1000 – for metropolitan citiesPremium Savings AccountRs. 50,000 and above (minimum Quarterly Average Balance -QAB)5 more rows

What is the charge for not maintaining minimum balance in PNB?

PNB Bank:Minimum quarterly average balance (QAB) & charges for not maintaining QABArea Of BranchIncidental ChargesRuralFrom ₹ 25 to 250 as per location, category and deficit in QAB as per brackets in Rs.100sSemi- UrbanUrbanMetropolitanNov 10, 2018

How much is the maintaining balance in PNB savings account?

– If the balance falls below the required minimum maintaining balance. 0.100% p.a….BALANCE REQUIREMENT.Initial DepositPHP 10,000.00Minimum Maintaining BalancePHP 10,000.00Minimum ADB to Earn InterestPHP 15,000.00Interest Rate0.100% p.a.2 more rows

How can I apply for ATM in PNB?

Apply Punjab National Bank ATM Debit Card Online Make sure you have an active Mobile banking facility. If you don’t have the mobile banking facility, please install the PNB One Mobile Banking application on your phone and complete the activation process using the registered mobile number.

What happens if minimum balance is not maintained in PNB?

BALANCE REQUIREMENT – If the balance falls below the required minimum maintaining balance. 0.100% p.a. * Dormancy fees on a dormant deposit accounts shall be collected when: … – If the balance falls below the required minimum maintaining balance.

How much is the maximum withdrawal in PNB ATM?

Using PNB ATMs, you can withdraw as much as P10,000 per transaction and P40,000.00 per day.