“ With reference to Minimum Balance Charges and with accordance to the RBI Circular DCBR.BPD. (PCB).MC.No:6/13.01.000/2015-16 July 1st 2015, RBI has instructed that the charges should be directly proportionate to the extent of shortfall observed.
Accordingly the new slabwise charges structure has been approved, but in order to avoid the burden on savings & current account holders, bank has approved to continue the prevailing charges [ As per 2 slabs according to the Circular of 1st August 2020] instead of proposed 4 slabs. So the charges effective from 1st August 2020 will continue.”
नियोजन विभाग ,मुख्य कचेरी
जनता सहकारी बँक लि; पुणे.