
Punjab National Bank Waives Penalty For Non-maintenance Of Minimum Average Balance In All Savings Accounts | Personal Finance News
New Delhi: Punjab National Bank (PNB) has waived penal charges for non-maintenance of Minimum Average Balance (MAB) in all savings accounts, the bank said in a statement. “This customer-first initiative, effective from July 1, 2025, is particularly aimed at supporting priority segments such as women, farmers and low-income households, ensuring easier and more inclusive access…