Verified Bank Tariff
Punjab & Sind Bank Charges & Fees
Complete official Schedule of Charges for Punjab & Sind Bank. Every fee entry is backed by verified citations, 18% GST treatment, waiver conditions, and RBI dispute rights.
How much is Punjab & Sind Bank 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 Punjab & Sind Bank
Punjab & Sind Bank
Account closure charges
Savings Accounts — Service Charges · Other
Closed within 14 days of account opening: ₹0.00 · Closed after 14 days but within 12 months: ₹500.00 · Closed after 12 months: ₹0.00
Trigger Condition
Savings Bank account. Free within 14 days; Rs500 after 14 days but within 12 months; free after 12 months. Exemptions include closure due to death, BSBD accounts, loan accounts and specified Government PFMS accounts.
Verified on 2026-08-15
Punjab & Sind Bank
IMPS charges
Savings Accounts — Service Charges · Net banking
Up to Rs 25,000: ₹0.00 · Over Rs 25,000 up to Rs 50,000: ₹5.00 · Over Rs 50,000 up to Rs 2 lakh: ₹10.00 · Over Rs 2 lakh up to Rs 5 lakh: ₹15.00
Trigger Condition
Punjab & Sind Bank IMPS Online Mode only. Branch-mode charges are not represented because the current official page says branch IMPS is under testing/development and charges apply only as and when implemented in CBS.
Verified on 2026-08-15
Punjab & Sind Bank
Minimum balance charges
Savings Accounts — Service Charges · General
Up to 50% deficit: ₹150.00 · Up to 50% deficit: ₹125.00 · Up to 50% deficit: ₹0.00 · Up to 50% deficit: ₹0.00 · Above 50% deficit: ₹225.00 · Above 50% deficit: ₹175.00 · Above 50% deficit: ₹0.00 · Above 50% deficit: ₹0.00
Trigger Condition
Punjab & Sind Bank general Savings Bank account only; QAB penalty schedule effective 01-Oct-2025. Semi-urban and Rural are NIL in both published deficit bands. Product-specific savings schemes listed separately on the same official page can differ and are excluded from this general-savings rule.
Verified on 2026-08-15 · Effective: 2025-10-01
What Punjab & Sind Bank prints on your statement
3 narrations decoded against Punjab & Sind Bank's own schedule of charges — the plain-English and Hinglish meaning, the exact amount including GST, and how to avoid it.
Disputing a Wrongful Charge at Punjab & Sind Bank
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 Punjab & Sind Bank customer service quoting the transaction ID and account details. TAT: 7 working days.
Principal Nodal Officer
If unresolved within 7 days, escalate to Punjab & Sind Bank'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 (Punjab & Sind Bank)
What is the minimum balance (AMB) requirement in Punjab & Sind Bank?
In Punjab & Sind Bank, 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 Punjab & Sind Bank?
Debit card maintenance charges at Punjab & Sind Bank are billed annually based on card variant plus 18% GST.
Can Punjab & Sind Bank deduct minimum balance penal charges without sending an SMS?
No. Under RBI Master Direction (DBOD.No.Leg.BC.21/09.07.006/2015-16), Punjab & Sind Bank 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 Punjab & Sind Bank?
To dispute a wrongful deduction at Punjab & Sind Bank: (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 Punjab & Sind Bank'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).