Verified Bank Tariff
Central Bank of India Charges & Fees
Complete official Schedule of Charges for Central Bank of India. Every fee entry is backed by verified citations, 18% GST treatment, waiver conditions, and RBI dispute rights.
How much is Central Bank of India quietly deducting from your account every year?
Run our 60-second audit to total the charges we can trace to published tariff documents.
Verified Fee Categories for Central Bank of India
Central Bank of India
Account closure charges
Savings Accounts — General Banking Service Charges · Other
Closed within 14 days of account opening: ₹0.00 · Closed after 14 days but within 12 months: ₹300.00 · Closed after 12 months: ₹0.00
Trigger Condition
Savings Bank account. No closure charge within 14 days; Rs300 after 14 days but within 12 months; Nil after 12 months. Current table also states no closure charge on death and branch transfer is not account closure.
Verified on 2026-08-15
Central Bank of India
Minimum balance charges
Savings Accounts — General Banking Service Charges · General
₹0 (Free)
Trigger Condition
Central Bank of India savings accounts under various products; Metro/Urban branch categories. Required MAB: Rs 2,000. Non-maintenance charge NIL w.e.f. 01-Jul-2025.
Verified on 2026-08-15 · Effective: 2025-07-01
Savings Accounts — General Banking Service Charges · General
₹0 (Free)
Trigger Condition
Central Bank of India savings accounts under various products; Rural branch category. Required MAB: Rs 500. Non-maintenance charge NIL w.e.f. 01-Jul-2025.
Verified on 2026-08-15 · Effective: 2025-07-01
Savings Accounts — General Banking Service Charges · General
₹0 (Free)
Trigger Condition
Central Bank of India savings accounts under various products; Semi-Urban branch category. Required MAB: Rs 1,000. Non-maintenance charge NIL w.e.f. 01-Jul-2025.
Verified on 2026-08-15 · Effective: 2025-07-01
Central Bank of India
NEFT charges
CENT SAMARTH Salary Account · Other
₹0 (Free)
Trigger Condition
Central Bank of India CENT SAMARTH Salary Account only; NEFT initiated through digital mode. The official page separately says applicable charge for offline mode, so this rule must not be generalized to branch/offline NEFT.
Verified on 2026-08-15
What Central Bank of India prints on your statement
3 narrations decoded against Central Bank of India's own schedule of charges — the plain-English and Hinglish meaning, the exact amount including GST, and how to avoid it.
ACCT CLOSURE CHGA fee for closing your account within a defined period after opening it.
MIN BAL CHGA penalty for not keeping the required average balance in your account for the month or quarter.
NEFT CHGA charge on an outward NEFT transfer. Under RBI rules NEFT sent through internet or mobile banking on a savings account carries no charge.
Disputing a Wrongful Charge at Central Bank of India
Under Reserve Bank of India (RBI) consumer protection directives, account holders have statutory rights to claim refunds for unauthorized debits, failed ATM transactions, or penalties debited without prior notification.
Branch / Helpdesk Ticket
Email Central Bank of India customer service quoting the transaction ID and account details. TAT: 7 working days.
Principal Nodal Officer
If unresolved within 7 days, escalate to Central Bank of India's Principal Nodal Officer (PNO). TAT: 14–30 days.
RBI Banking Ombudsman
Lodge a statutory complaint on the RBI CMS Portal (cms.rbi.org.in) if rejected or delayed past 30 days.
Need a pre-filled grievance email draft for AMB penalties or debit card AMC?
Open Dispute Letter GeneratorFrequently Asked Questions (Central Bank of India)
What is the minimum balance (AMB) requirement in Central Bank of India?
In Central Bank of India, the minimum average balance (AMB/MAB) varies by account tier and branch location. Regular savings accounts in metros typically require maintaining the published threshold, while salary accounts and BSBDA zero-balance accounts have ₹0 AMB requirements.
What are the debit card annual maintenance charges (AMC) for Central Bank of India?
Debit card maintenance charges at Central Bank of India are billed annually based on card variant plus 18% GST.
Can Central Bank of India deduct minimum balance penal charges without sending an SMS?
No. Under RBI Master Direction (DBOD.No.Leg.BC.21/09.07.006/2015-16), Central Bank of India is legally mandated to notify the customer via SMS or email giving them a 30-day notice window to restore their balance before any penalty can be debited. If debited without prior notification, you are entitled to a full reversal.
How do I dispute a wrongful fee or charge deducted by Central Bank of India?
To dispute a wrongful deduction at Central Bank of India: (1) Send an email to the Branch Manager / Customer Service citing the relevant RBI circular and transaction ID. (2) If unresolved within 7 days, escalate to Central Bank of India's Principal Nodal Officer (PNO). (3) If unresolved after 30 days, lodge a complaint with the RBI Banking Ombudsman via the CMS portal (cms.rbi.org.in).