Central Bank of India · statement narration
MIN BAL CHG
A penalty for not keeping the required average balance in your account for the month or quarter.
In plain English
A penalty for not keeping the required average balance in your account for the month or quarter.
Also printed as AMB CHRG, AMB CHRG INCL GST, NMC CHG, MAB CHARGES, MIN BALANCE CHARGES, AVG BAL CHG, NON MAINTENANCE CHG.
Hinglish mein
Account mein zaroori average balance na rakhne par lagne wala penalty charge.
What it costs, including GST
Savings Accounts — General Banking Service Charges · General
₹0
There is nothing to tax — this rule publishes no charge.
Applies when: Central Bank of India savings accounts under various products; Metro/Urban branch categories. Required MAB: Rs 2,000. Non-maintenance charge NIL w.e.f. 01-Jul-2025.
Savings Accounts — General Banking Service Charges · General
₹0
There is nothing to tax — this rule publishes no charge.
Applies when: Central Bank of India savings accounts under various products; Rural branch category. Required MAB: Rs 500. Non-maintenance charge NIL w.e.f. 01-Jul-2025.
Savings Accounts — General Banking Service Charges · General
₹0
There is nothing to tax — this rule publishes no charge.
Applies when: Central Bank of India savings accounts under various products; Semi-Urban branch category. Required MAB: Rs 1,000. Non-maintenance charge NIL w.e.f. 01-Jul-2025.
Why it happened
Your average balance fell below the level your account type requires for the period.
How to avoid it
Keep the average balance above the required level, or switch to a zero-balance account variant. Many banks exempt salary, basic savings and senior citizen accounts.