Most banks these days require their customers to maintain a particular average balance in their savings accounts. The duration of this average balance calculation can be either monthly or quarterly.

If a customer doesn’t comply with the monthly/quarterly average balance (MAB) rules, then he/she will be charged a penalty.

If a customer has a priority bank account then his/her MAB requirements would be significantly higher than a normal savings bank account.


e are the charges levied by a few banks:

Image courtesy: Financial Express

Please note, the data stated above is at the sole discretion of the banks and can be changed whenever the bank deems fit.