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zero balance account RBI

Bank Account Minimum Balance Rules Changed: RBI Brings Uniform Standards for All Customers

January 6, 2026 by admin
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The Reserve Bank of India (RBI) has introduced a customer-friendly move to bring uniformity in bank account minimum balance rules, ensuring greater transparency, fairness in penalties, and clear communication, so customers are no longer caught off guard by unexpected charges or confusing balance requirements. Why RBI Introduced Uniform Minimum Balance Rules The decision was taken … Read more

Categories Latest Post Tags bank penalty charges rules, minimum balance update India, RBI bank rules, RBI banking changes, savings account balance rules, zero balance account RBI Leave a comment

RBI New Norms 2026: Three Bank Account Types to Be Discontinued from January 1 – Full Details Explained

January 6, 2026 by admin
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The Reserve Bank of India (RBI) has introduced new banking norms effective January 1, 2026, under which three specific types of bank accounts will be closed or phased out, a move aimed at simplifying banking structures, improving compliance, and strengthening customer protection across the financial system. Why RBI Is Closing Certain Bank Account Types RBI’s … Read more

Categories Latest Post Tags bank account closure rules, inactive bank account rules, KYC account closure, RBI banking guidelines 2026, RBI new norms 2026, zero balance account RBI Leave a comment
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