brahmadethan namboothiri
5 months 3 weeks ago
Sir, this is regarding minimum balance account keeping especially to Saving Bank account keeping of Rs 3000/- in Federal Bank (AC 11650100217008 Mankamkuzhy, Alappuzha, Kerala for my case) Every month Federal Bank is taking a minimum Balance penalty for non-maintenance, even though RBI instructions not to levy penalty. Whereas SBI is not charging. For my case it was Rs 177/- for September and Rs 270/- for October. I have raised a compliant to Ombudsman and awaiting response.
Kindly advise Finance Ministry to take up minimum balance penalty charges with such banks for the benefit of common man
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