PNB account holders must pay extra for these banking providers. Details right here
2 min readPunjab National Bank (PNB) has hiked the fees of assorted providers supplied by the financial institution, the lender has notified not too long ago. With impact from 15.01.2022, the public-sector lender goes to extend sure service fees referring to common banking operations.
Here is the checklist of all of the cost hikes by PNB:
Minimum stability requirement
The non-maintenance of the quarterly common stability (QAB) threshold within the metro area has been hiked to ₹10,000. Earlier, the edge restrict was ₹5,000.
Charges for not sustaining minimal stability within the account
The quarterly fees for non-maintenance of minimal stability have been hiked to ₹400 in rural areas and ₹600 in city and metro areas, PMB stated on its web site.
Bank locker fees
PNB has additionally hiked its locker rental fees throughout rural, semi-urban (SU), city and metro areas. The locker fees have been hiked in city areas by ₹500.
Bank locker free go to
With impact from January 15, 2021, the variety of free visits per 12 months shall be decreased to 12; thereafter, ₹100 per go to shall be charged. Earlier, the variety of locker visits per 12 months was set to fifteen free visits per 12 months.
Closure of Current accounts
The present accounts which are closed after 14 days of opening should pay ₹800 as a fantastic. Earlier, this was ₹600. However, the accounts closed after 12 months won’t be charged something.
Transaction price in saving accounts
Starting 15 January, PNB will permit 3 free transactions monthly thereafter ₹50/- per transaction could be charged (besides via alternate channels comparable to BNA, ATM, and CDM), which isn’t relevant for Senior Citizen accounts.PNB has additionally elevated transaction charges in financial savings and present accounts. Regardless of base or non-base department, the financial institution is at present permitting 5 free transactions monthly thereafter ₹25/- per transaction is chargeable as a service cost (besides via alternate channels comparable to BNA, ATM, and CDM).
Cash dealing with fees
The financial institution has lowered its money deposit restrict additionally on each saving and present accounts. The free deposit restrict per day has been lowered to ₹1 lakh from the prevailing ₹2 lakh, and above ₹1 lakh 10 paisa per piece could be charged from fifteenth January 2022 and are relevant on Both base & non-base branches, the PNB web site says.
Subscribe to Mint Newsletters * Enter a legitimate e mail * Thank you for subscribing to our e-newsletter.
Never miss a narrative! Stay related and knowledgeable with Mint.
Download
our App Now!!