Big decision of PNB, no penalty will be levied even if there is zero balance in the account.

Punjab National Bank: Punjab National Bank (PNB) has abolished the penalty for not maintaining a minimum balance in all savings accounts from July 1, 2025. This decision will especially benefit women, farmers and low-income group customers. This step of PNB is considered important in the direction of financial inclusion and inclusive banking. Now account holders will get banking services without any charge even on zero balance.

Punjab National Bank: Punjab National Bank (PNB) has given a big relief to its millions of customers. The bank has announced that now there will be no punitive charge for not maintaining minimum average balance (MAB) in savings accounts. This decision has come into effect from July 1, 2025. Its direct benefit will be given to those account holders, whose account balance is often low.

Women, farmers and poor will get the most benefit

Punjab National Bank has clarified that this initiative has been taken especially for women, farmers, laborers and low income group families. According to the bank, this step has been taken with the aim of promoting financial inclusion, so that priority sections can be connected to banking services.

All facilities will be available even without balance

Now customers will be able to avail the basic services of the bank despite having zero balance. This includes depositing money, withdrawing money, mobile banking, passbook update, UPI transactions and other digital facilities. The aim of the bank is that customers do not have to face the compulsion of staying away from banking.

An example of the bank's inclusive policy

Punjab National Bank Managing Director and CEO Ashok Chandra said, "This decision is a strong step towards inclusive and responsible banking. Removing the minimum balance charge will reduce the financial pressure on customers and increase their participation in the banking network."

Digital and formal banking will get a boost

This move will not only provide relief to the customers but will also promote digital banking, formal financial system and self-reliance in the country. This decision can prove to be a boon for those people in rural and semi-urban areas, who were away from banking till now due to the compulsion of minimum balance. This decision of PNB is a great example of customer-centric thinking and social responsibility. This initiative can inspire other banks to adopt such policies in the future.

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