Verified Bank Tariff
The Nainital Bank Limited Charges & Fees
Complete official Schedule of Charges for The Nainital Bank Limited. Every fee entry is backed by verified citations, 18% GST treatment, waiver conditions, and RBI dispute rights.
How much is The Nainital Bank Limited 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 The Nainital Bank Limited
The Nainital Bank Limited
ATM charges
Savings Accounts — Transfer & ATM Services · ATM
₹23.00
Trigger Condition
Nainital Bank savings/customer ATM usage after the applicable monthly free-transaction entitlement; this rule records the current Rs23 financial-transaction charge, not the free-limit count itself.
Verified on 2026-08-15 · Effective: 2025-06-15
The Nainital Bank Limited
Minimum balance charges
Basic Savings Bank Deposit Account · General
₹0 (Free)
Trigger Condition
Nainital Bank Basic Savings Bank Deposit Account only. The current official table lists minimum balance 0.00 for rural, semi-urban and urban categories.
Verified on 2026-08-15
The Nainital Bank Limited
NEFT charges
Savings Accounts — Transfer & ATM Services · Other
₹0 (Free)
Trigger Condition
Savings Bank users only; NEFT must be done via Netbanking. Branch/slab charges are not waived by this rule.
Verified on 2026-08-15
What The Nainital Bank Limited prints on your statement
3 narrations decoded against The Nainital Bank Limited's own schedule of charges — the plain-English and Hinglish meaning, the exact amount including GST, and how to avoid it.
ATM TXN CHGA charge for ATM transactions beyond the free monthly limit set by RBI.
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 The Nainital Bank Limited
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 The Nainital Bank Limited customer service quoting the transaction ID and account details. TAT: 7 working days.
Principal Nodal Officer
If unresolved within 7 days, escalate to The Nainital Bank Limited'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 (The Nainital Bank Limited)
What is the minimum balance (AMB) requirement in The Nainital Bank Limited?
In The Nainital Bank Limited, 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 The Nainital Bank Limited?
Debit card maintenance charges at The Nainital Bank Limited are billed annually based on card variant plus 18% GST.
Can The Nainital Bank Limited deduct minimum balance penal charges without sending an SMS?
No. Under RBI Master Direction (DBOD.No.Leg.BC.21/09.07.006/2015-16), The Nainital Bank Limited 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 The Nainital Bank Limited?
To dispute a wrongful deduction at The Nainital Bank Limited: (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 The Nainital Bank Limited'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).