PNB will impose a heavier fine from October on current account holders
Posted on: 06/Sep/2016 11:20:07 AM
A heavier fine will be imposed by Punjab National Bank from October on current account holders for not maintaining the quarterly average balance as per the revised tariff.
For PNB Smart Banking current account, silver account holders with the requirement to maintain Rs 1,00,000 as quarterly average balance ( QAB) the non-maintenance charges will be hiked to Rs 500 per quarter from existing Rs 150.
For gold account holders (QAB - Rs 2 lakh), the charges will increase to Rs 1,000 per quarter compared to Rs 600 at present, and diamond account holders (QAB - Rs 5 lakh) will have to pay Rs 2,000 per quarter as against Rs 1,500, if their balance fall below the minimum level.
Platinum account holders will have to pay Rs 4,000 if they fail to maintain Rs 10 lakh balance per quarter.
