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SBI Reduces Minimum Balance Charges By 75%

The country’s largest lender, State Bank of India has reduced charges for non-maintenance of Average Monthly Balance (AMB) in savings accounts by nearly 75 per

Compare MAB Vs AQB, Which is Better for Bank ?

Comparison between MAB or AQB of various banks. Majority of the Banks has moved from the Average Quartly balance (AQB) To Monthly average balance (MAB)

Bank’s Monthly Average Balance Calculator (MAB)

Monthly Average Balance (MAB)  is being charged by each of the banks for non maintenance of minimum balance in the account.The Monthly Average Balance (MAB)