Assam Gramin Vikash Bank is a regional rural bank that is situated in Assam in India. This bank was established in the year 2006 by the amalgamation of various Gramin banks and this entire amalgamation scheme was sponsored by Union Bank of India. The bank has 7 regional zones. The total number of branches is 413 and these branches are spread across 31 districts of Assam.
It is one of the leading regional rural banks in Assam. Here you will get a complete idea about Assam Gramin Vikash Bank Saving Account Minimum Balance Limit & Charges.
Minimum Balance Limit for Assam Gramin Vikash Bank Saving Account
Here are the details related to minimum balance limit for Assam Gramin Vikash Bank Saving Account –
- With cheque book facility in rural branches the minimum balance limit is 500 rupees.
- Without cheque book in rural branches the minimum balance limit is 100 rupees.
- With cheque book in metro, urban and semi urban branches it is 500 rupees.
- Without cheque book facility the minimum amount is 250 rupees in metro, urban and semi urban branches.
The charges for non maintenance of minimum balance
In case of physically handicapped persons, women, visually impaired, mentally retarded persons, senior citizens, students, pensioners, no frills and BSB accounts the bank permits maintenance of account with zero balance. So no penalties are imposed in these cases even if the account balance is zero. In case of other types of saving bank accounts the charges are calculated as per the exact balance remaining in the account.
For information related to slab wise calculation of charges in case of non compliance with the minimum balance you can access http://www.agvbank.co.in/service.php.