Punjab National Bank 2026 Update:Punjab National Bank (PNB) has introduced updated rules for maintaining minimum balance in savings accounts in 2026. Banking regulations evolve over time, and these changes aim to improve transparency and discipline among account holders. It is essential for customers to understand the new requirements to avoid unnecessary penalties and manage their accounts efficiently.
Changes in Minimum Balance Requirements
The updated rules set different minimum balance requirements based on the branch location and type of account. Rural, semi-urban, and urban branches have separate thresholds to ensure fairness and clarity. Earlier, many customers were unaware of the required minimum balance, leading to unexpected penalty charges. With the new system, PNB seeks to make these rules more structured and understandable for all account holders.
Rural Accounts
For savings accounts opened in rural branches, the minimum balance requirement is relatively low. In 2026, this limit is expected to be around ₹500. This adjustment is designed to ease the financial pressure on rural customers who may have limited income and primarily use banking services for small-scale transactions.
Semi-Urban and Urban Accounts
For semi-urban branches, the minimum balance may be set at approximately ₹1,000, offering a balance between banking discipline and financial convenience. Urban and metro branch accounts will have higher minimum balance requirements, possibly up to ₹2,000, reflecting higher transaction volumes and the cost of living in larger cities. Customers in these areas need to monitor their accounts regularly to avoid penalties.
Penalty for Falling Below Minimum Balance
If an account falls below the prescribed minimum balance, PNB may charge a penalty. The fee varies depending on the type of account and the shortfall amount, typically ranging from ₹100 to ₹300, plus applicable GST. Even small shortfalls can attract penalties if they persist, so regular account monitoring is essential to prevent unnecessary deductions.
Special Accounts and Exemptions
Certain accounts, such as PM Jan Dhan accounts, typically have no minimum balance requirement, offering relief to financially weaker sections. Salary accounts usually do not require a minimum balance as long as salary deposits continue. Student and basic savings accounts may have minimal or no balance requirements, making banking accessible for young and new account holders.
Recommendations for Account Holders
PNB advises customers to stay informed about their account’s minimum balance requirements through branch visits or the official website. Activating mobile banking and SMS alerts can help track account balances and prevent penalties. Long-inactive accounts should be checked regularly to avoid unexpected charges. Maintaining the required minimum balance ensures smooth banking operations and financial discipline.