Indus bank one of the leading banks of the country which is spread across the nation with 600 branches and 1200 ATM to provide services to the customers.
The bank offers various type of privilege services to the customers to enhance their banking experience.An account holder can access the bank through various ways such as visiting the bank, ATM and through internet banking.
There are different types of accounts offered by the banks one of which is Saving account which provides various benefits and easy transactions for an account holder.
There are certain rules and minimum balance guidelines given by IndusInd Bank to the customers which if not followed properly lead to penalty and charges of a certain amount.
So, if you are a new or existing saving account holder of the IndusInd bank the below-mentioned details will be helpful in maintaining the minimum balance and avoiding any type of penalty charges.
Saving Account Minimum Balance and penalty details
- Indus Maxima Savings Account and Indus Diva Savings Account: An account holder needs to maintain a balance of Rs 25,000 quarterly and if you are unable to maintain less than Rs 12,500 then there is a penalty of amount Rs 900.If you maintain balance more than Rs 12,500 but less than the minimum expected then penalty amount of Rs 600.If you maintain a balance of Rs 18,750 or more than penalty amount is Rs 300.
- Indus Senior Savings Account: You need to maintain an average monthly balance of Rs 10,000 per month of an FD of Rs 2,50,000.There is a penalty of Rs 350 if the balance in the account is less than Rs 5000 and if above than Rs 5000 then penalty charges are Rs 250.
So these above mentioned are the IndusInd Bank Saving Account Minimum Balance Limit & Charges for new and existing customers both.
