If you are a Andhra bank customer and having a savings account then you need to maintain minimum balance amount or Quarterly Average Balance in your account based on the savings account you type you have else you will be charged if not maintained minimum balance amount.
Minimum Balance in Andhra Bank Account
Currently Andhra Bank provides 14 types of savings accounts they are AB Kiddy Bank, AB Abhaya Plus,AB Easy Savings (No-frills account),AB Abhaya SB, AB Abhaya Gold SB, AB Jeevan Abhaya Scheme, AB Abhaya Jeevan Plus Scheme, AB Super Salary SB Account, AB Platinum SB AC, AB Diamond SB AC, Abhaya First Wealth Pack, AB Jeevan Abhaya Double Plus, AB Jeevan Abhaya Triple Plus, AB Little Stars And AB Teens accounts
Abhaya Savings Bank Account Minimum Balance
|With Cheque facility||300||500||500||500|
|Without Cheque facility||150||250||250||300|
For Abhaya Jeevan savings bank deposits
|Age 18-35 years||750||750||750||1000|
For AB super salary sb account:
Quarterly average balance of Rs.5000 has to be maintained.
Penal charges for not maintaining the minimum balance is Rs 150.
For AB Platinum Savings Bank Account:
Quarterly Average Balance is Rs 5,00,000 lakhs, and penalty for non maintaining is Rs 1500
For AB Diamond Savings Bank Account:
Quarterly Average Balance of Rs.3.00 lakhs to be maintained and penalty is Rs 1000 for non maintainece.
For AB little stars and AB teens Account: