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    Qab Revision 01102016 PDF

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    Chandni Singh
    The document announces revisions to quarterly average balance charges for Current and PNB Smart Banking accounts effective October 1, 2016. Minimum quarterly average balances range from Rs. 100,000 to Rs. 10,000,000 for PNB accounts depending on the type of account. Charges for not maintaining the minimum balance are increasing from Rs. 150-3000 to Rs. 500-4000 per quarter. For general Current accounts, minimum quarterly balances, initial deposits, and charges for not maintaining the balance are also being increased depending on whether the account is located in a rural, semi-urban, or urban/metro area.

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    Qab Revision 01102016 PDF

    Uploaded by

    Chandni Singh
    89 views1 page
    The document announces revisions to quarterly average balance charges for Current and PNB Smart Banking accounts effective October 1, 2016. Minimum quarterly average balances range from Rs. 100,000 to Rs. 10,000,000 for PNB accounts depending on the type of account. Charges for not maintaining the minimum balance are increasing from Rs. 150-3000 to Rs. 500-4000 per quarter. For general Current accounts, minimum quarterly balances, initial deposits, and charges for not maintaining the balance are also being increased depending on whether the account is located in a rural, semi-urban, or urban/metro area.

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    The document announces revisions to quarterly average balance charges for Current and PNB Smart Banking accounts effective October 1, 2016. Minimum quarterly average balances range from Rs. 100,000 to Rs. 10,000,000 for PNB accounts depending on the type of account. Charges for not maintaining the minimum balance are increasing from Rs. 150-3000 to Rs. 500-4000 per quarter. For general Current accounts, minimum quarterly balances, initial deposits, and charges for not maintaining the balance are also being increased depending on whether the account is located in a rural, semi-urban, or urban/metro area.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    89 views1 page

    Qab Revision 01102016 PDF

    Uploaded by

    Chandni Singh
    The document announces revisions to quarterly average balance charges for Current and PNB Smart Banking accounts effective October 1, 2016. Minimum quarterly average balances range from Rs. 100,000 to Rs. 10,000,000 for PNB accounts depending on the type of account. Charges for not maintaining the minimum balance are increasing from Rs. 150-3000 to Rs. 500-4000 per quarter. For general Current accounts, minimum quarterly balances, initial deposits, and charges for not maintaining the balance are also being increased depending on whether the account is located in a rural, semi-urban, or urban/metro area.

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    REVISION IN QAB CHARGES IN CURRENT AND PNB SMART BANKING

    CURRENT ACCOUNT & QAB IN CURRENT ACCOUNT W.E.F. 01.10.2016


    It has been decided to revise the charges (Exclusive of service tax) for non maintenance of QAB
    in Current and PNB Smart Banking Current Account and QAB in Current Account w.e.f.
    01.10.2016 which are as under:
    PNB Smart Banking Current Account:
    (Amount in Rs.)
    Particulars Silver Gold Diamond Platinum

    Minimum Quarterly Average Rs.100000 Rs.2,00,000 Rs.5,00,000 Rs.10,00,000


    Balance (QAB)
    Non Maintenance of QAB Charges Rs.150 Rs.600 Rs.1500 Rs.3000
    (per quarter)-Existing
    Non Maintenance of QAB Charges Rs.500 Rs.1000 Rs.2000 Rs.4000
    (per quarter)-Revised

    Current General Account:

    (Amount in Rs.)
    Areas Minimum Quarterly Initial Deposit Non Maintenance of
    Average Balance QAB Charges (per
    (QAB) quarter)
    Existing Revised Existing Revised Existing Revised
    Rural 1000 2500 1,000 2500 200 400
    Semi Urban 3000 5000 1,000 5000 300 500
    Urban/Metro 5000 10000 1,000 10000 500 1000

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