Punjab & Sind Bank · statement narration
MIN BAL CHG
Also printed as: AMB CHRG · AMB CHRG INCL GST · NMC CHG · MAB CHARGES · MIN BALANCE CHARGES · AVG BAL CHG · NON MAINTENANCE CHG
Decoded
A penalty for not keeping the required average balance in your account for the month or quarter.
Hinglish meinAccount mein zaroori average balance na rakhne par lagne wala penalty charge.
- Up to 50% deficit · Metro
Up to 50% deficit · Metro, ₹150 + 18% GST
From Punjab & Sind Bank — Savings QAB Non-Maintenance Charges
Verified
- ₹150 + 18% GST
- Up to 50% deficit · Urban
Up to 50% deficit · Urban, ₹125 + 18% GST
From Punjab & Sind Bank — Savings QAB Non-Maintenance Charges
Verified
- ₹125 + 18% GST
MIN BAL CHG on your Punjab & Sind Bank statement — A penalty for not keeping the required average balance in your account for the month or quarter. The bank publishes a rate table, not one figure; the rates are below.
Average balance non-maintenance charge: what other banks publish
Bank’s own figures, before GST. Where a bank publishes several rates, the bar runs from its lowest to its highest — its table below says which applies to whom. Tap a figure for its source.
Show all 20 banks
Not on this chart (13)
- Axis Bank — Levied per month rather than per month, so not drawn against the others.
- Bank of Baroda — Levied per month rather than per month, so not drawn against the others.
- Canara Bank — Levied per month rather than per month, so not drawn against the others.
- Central Bank of India — Levied per month rather than per month, so not drawn against the others.
- City Union Bank — Levied per month rather than per month, so not drawn against the others.
- Dhanlaxmi Bank — Levied per month rather than per month, so not drawn against the others.
- HDFC Bank — Levied per month rather than per month, so not drawn against the others.
- ICICI Bank — Levied per month rather than per month, so not drawn against the others.
- IDBI Bank — Levied per month rather than per month, so not drawn against the others.
- IDFC FIRST Bank — Levied per month rather than per month, so not drawn against the others.
- Indian Bank — Levied per quarter rather than per month, so not drawn against the others.
- Punjab & Sind Bank — Levied per quarter rather than per month, so not drawn against the others.
- The Karur Vysya Bank — Levied per month rather than per month, so not drawn against the others.
What it costs, including GST1 rule · rate table, conditions and waiver
Savings Accounts — Service Charges · General
General Savings Bank QAB penalty by deficit band and branch category
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Up to 50% deficit · Metro | ₹150 | ₹177 |
| Up to 50% deficit · Urban | ₹125 | ₹147.50 |
| Up to 50% deficit · Semi-urban | ₹0 | — |
| Up to 50% deficit · Rural | ₹0 | — |
| Above 50% deficit · Metro | ₹225 | ₹265.50 |
| Above 50% deficit · Urban | ₹175 | ₹206.50 |
| Above 50% deficit · Semi-urban | ₹0 | — |
| Above 50% deficit · Rural | ₹0 | — |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: 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.
Why it happened and how to avoid it
Why it happened
Your average balance fell below the level your account type requires for the period.
How to avoid it
Keep the average balance above the required level, or switch to a zero-balance account variant. Many banks exempt salary, basic savings and senior citizen accounts.
Dispute this chargeRBI dispute template, ready to copy
Official source1 document
- Punjab & Sind Bank — Savings QAB Non-Maintenance Charges
Retrieved 2026-08-15
Decode another narration
Paste any other line from the same statement into the decoder.
Open the charge decoder