PNB removes fine for minimum balance default

PTI

New Delhi, Updated At : 02:03 AM Jul 02, 2025 IST

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In a bid to strengthen financial inclusion and customer empowerment, Punjab National Bank (PNB) has waived penal charges for non-maintenance of minimum average balance in all savings accounts.

This customer-first initiative, effective from July 1, is particularly aimed at supporting priority segments, such as women, farmers and low-income households, ensuring easier and more inclusive access to banking services without the stress of balance maintenance penalties, the PNB said.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

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The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

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