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Tag: minimum average monthly balance

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June 1, 2025June 1, 2025

No Charges On Zero Balance: This PSU Bank Removes Minimum Balance Rule From June 1

Last Updated:June 01, 2025, 13:29 IST Canara Bank levied charges if the minimum average monthly balance (AMB) is not maintained in a savings account like other public and private lenders. Canara Bank removes minimum balance limit, allowing customers to keep minimal balance without any penalty. Canara Bank has brought significant relief to its savings account…

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