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My account was charged for not maintaining the minimum balance. What should I do next?
I had a salary account in a nationalised bank for my two months of summer internshi,p and then it got converted to a savings account. The minimum balance (monthly average balance) required was 10000 INR, and I haven’t maintained it.
Now I have charged 9500INR. So what should I do now? Does this affect me in future?
Being a student, I am not able to pay the charges. Please help 🙂 Thanks in advance.
Rs 9,500 for non maintenance of balance is quite high. Are you sure you got charged for this amount?
Visit the Branch and Request the charges be waived off. Close the Bank Account or open a no frills account that does not require minimum balance.