Yes Bank : Yes Bank has released the minimum balance requirement for account holders with some changes. Here we will see the relevant details about it.
Earlier, the details of Debit Card Maintenance Charges were brought in SBI and ICICI Banks. Similarly, Yes Bank Bank has published a list of how much minimum balance (minimum balance) should be kept in their accounts by the users who have various accounts in Yes Bank.
Similarly, other banks are also planning to increase the charges. In this case, Yes Bank has published the details of their maintenance charge (minimum balance). Also, these rules will come into effect from May 1st.
Yes Bank PRO Max Savings Account customers must have a minimum balance of Rs.50,000 in their account, failing which a maximum charge of Rs.1000 has been levied.
Account holders like YES PRO Plus Savings Account, Yes Essence Savings Account and YES Respect Savings Account should maintain a minimum balance of Rs.25,000 if not maintained. A fee of Rs.750 has been charged.
YES Pro Savings Account holders should have a minimum balance of Rs.10,000 in their account. If not, it has been stipulated that a maximum fee of Rs.750 should be paid. For the holders of two different accounts namely YES Saving Value and Kisan Saving Account, the minimum balance should be Rs.5000.
If a job fails to maintain this amount a maximum of Rs.500 will be charged from the customer. Finally, the minimum balance for My First YES Savings Account customers has been fixed at Rs.2500. Failure to maintain this amount will incur a maximum fee of Rs.250.
Finally, My First YES Savings Account customers should have a minimum balance of Rs.2500. If a job fails to maintain this amount in the account, a maximum fee of Rs.250 will be charged. They have announced that all these rules will come into effect from May 1.
Similarly, in other private banks, various changes in the minimum balance are also coming into effect. So the only solution to avoid such charges is to keep the minimum balance correct with whichever bank you use.