In 2026, major Indian banks including Punjab National Bank (PNB), State Bank of India (SBI), and HDFC Bank have updated their minimum balance policies. These changes apply to both savings and current accounts, with revised minimum balance limits, penalty structures, and exemptions for certain customers. Maintaining minimum balance is now more important than ever to avoid service charges and ensure uninterrupted banking.
Revised Minimum Balance Limits by Branch Type
Banks have differentiated minimum balance requirements based on branch location:
- Metro/Urban Branches: Higher minimum balance due to operational costs.
- Semi-Urban Branches: Moderate minimum balance limits.
- Rural Branches: Lower minimum balance requirements to promote financial inclusion.
Maintaining the required balance ensures account activation and prevents penalties.
Penalty Charges for Non-Maintenance
Accounts falling short of the required minimum balance attract monthly penalties. The amount debited depends on the shortfall and the type of branch. Repeated non-compliance may impact banking privileges and services linked to the account.
Exemptions for Special Categories
Certain account holders are exempt from minimum balance requirements. These include:
- Senior citizens
- Students
- Customers under government financial schemes
- Special category accounts designated by banks
It is important for customers to check with their branch to confirm exemptions.
Minimum Balance Requirements Table – 2026
| Bank | Account Type | Metro Branch Minimum Balance | Semi-Urban Branch Minimum Balance | Rural Branch Minimum Balance | Penalty for Shortfall |
|---|---|---|---|---|---|
| PNB | Savings | ₹5,000 | ₹3,000 | ₹1,000 | ₹100–₹500/month |
| SBI | Savings | ₹3,000 | ₹2,000 | ₹1,000 | ₹50–₹250/month |
| HDFC | Savings | ₹10,000 | ₹5,000 | ₹2,500 | ₹150–₹750/month |
| PNB | Current | ₹25,000 | ₹15,000 | ₹10,000 | ₹500–₹1,500/month |
| SBI | Current | ₹25,000 | ₹10,000 | ₹5,000 | ₹500–₹1,000/month |
| HDFC | Current | ₹50,000 | ₹25,000 | ₹15,000 | ₹750–₹2,000/month |
This table provides a snapshot of the revised minimum balance and penalties applicable for savings and current accounts across different branch categories.
Tips to Avoid Penalties
Customers can maintain account compliance by regularly monitoring their balances, setting up auto-transfers from linked accounts, and opting for zero-balance accounts if eligible. Using net banking or mobile banking apps helps track account balances and prevents unexpected deductions.
Conclusion
The Minimum Balance Rules 2026 for PNB, SBI, and HDFC are designed to standardize account maintenance while protecting customer interests and promoting financial inclusion. Awareness of branch-specific minimum balance limits, penalties, and exemptions is key to avoiding fines and ensuring uninterrupted banking services. Regular monitoring and proactive management of account balances will help customers stay compliant.
Disclaimer: This article is for general informational purposes only. Exact minimum balance requirements, penalties, and exemptions may vary by branch, account type, or bank policy. Customers should always verify official bank notifications or consult their branch for accurate and updated information.