What is a bank’s quarterly average balance?

Do all bank accounts attract the monthly/quarterly average balance rule?

Will I be charged for checking my account balance via my bank’s net banking website?

What are the charges levied by banks on non-maintenance of monthly average balance?

What is monthly average balance requirement of a bank?

How does a bank calculate the average balance?

I opened a basic savings bank deposit account at a public bank. Will I also be required to fulfill the monthly average balance requirement?

Is there any way an individual can easily maintain his/her bank account’s monthly average balance?

What are the RBI’s guidelines for levying penalty on non-maintenance of minimum average balance?

Does a bank inform its customers if it is levying penalty charges if the monthly average balance is not being maintained?

My office opened a no-frills savings account for me when I joined the organisation. Will I also be required to fulfill the monthly average balance requirement?