What Is Monthly Average Balance? How Is It Calculated? How To Avoid Penalty For Not Maintaining MAB?

Monthly Average Balance or MAB is something you would have heard about, if you have a bank account. It is nothing but the averaged, minimum balance requirement imposed by a bank.
This MAB value can be different depending upon the account you open, and depending upon whether your home branch is in the rural or urban area.
Nevertheless, it is very important that you have a clear understanding of what this MAB is, how it is calculated by the banks and what you should do in order to avoid the penalty imposed by banks for not maintaining minimum balance.
Watch today’s video fully to get a clear understanding about MAB and to put it to good use!
#monthlyaveragebalance #MAB #Minimumbalance #SBIMinimumbalance #MABpenalty #minimumbalancepenalty #bankaccount
How To Convert Minor Bank Account To Major Acc | Account Stopped Customer Major Now, Delink Guardian - • How To Convert Minor B...
What Is Your Gpay UPI Daily Transaction Limit? Find Out To Avoid Transaction Failure Embarrassment - • What Is Your Gpay UPI ...
What To Do If You Lose Your Debit Card? Things You Must Do To Avoid Misuse Of Your Card - • What To Do If You Lose...
Beware Of Fake Loan Apps | How To Stay Safe | Whitelist Of Loan Apps Coming Up | Types Of Frauds - • Beware Of Fake Loan Ap...
To advertise in this channel please contact - [e-mail]
Join my mailing list for exclusive tips and updates! - eepurl.com/iszwBk
**For exclusive, useful updates**, Join my Telegram channel - t.me/thejanesheeba
Facebook - / jane.sheeba
Instagram - / janesheeba

[@dremartous]

Very informative and helpful. TYVM 👍

[@BankingMinutes]

Most welcome!

[@kousikumar8543]

Thank you sooo... much sis😊
You explained very clearly😊

[@BankingMinutes]

Most welcome!

[@amalraja2989]

Excellent explanation .

[@BankingMinutes]

Thank you.

[@umavairavel3052]

🎉 Good Explanation 🎉

[@BankingMinutes]

Thank you 😊

[@bojarajaramalingadurai7033]

Super information video madam.. Its use our daily life. Thank you very much...

[@BankingMinutes]

Most welcome 😊

[@balugkkl6216]

Thanks

[@nsnishanth]

Very useful, Thank you sis

[@BankingMinutes]

Most welcome!

[@palanipsamy2313]

Thank you

[@BankingMinutes]

Welcome

[@NaveenKumar-tt5qy]

Tq❤️

[@BankingMinutes]

Welcome.

[@arasanprakash9262]

Madam,
Naan COVID 19 munnadi cibil 730+ maintain pannen, after COVID impact online loans/Bajaj purchase delayed payment panni write off aagirchu. 3Negative impact iruku currently. Intha write off Trackla irunthu clr aaga evlo time eduthukurum madam. Future la loan edukrathula edhum problem varum ah madam. If possible,you have to guide low cibil/Default to better score in post very useful for society.

[@sugumarbalan6837]

23/12 annaiku MAB follow panalaynu BOB la 295 penalty eduthaaga madam then annake 2400 deposit panniten then intha march la again 295 penalty MAB follow panalanu eduthutaaga madam branch la ketta sariyanareason sollamatenguraaga,enna reason madam ippadi edukuraaga ennapanna refund kidaikum madam, correct ah na oru solution sollunga madam

[@360_GADGETS]

Axis amaze A/c ku 2500 average sonnanva...But 5000 irunghalum low balance nu indicate panuthu madam...Ena seiyya

[@mohammedquthpudin133]

Madam,In what date it was debited in Axis bank account?
let me inform.
For my Account ₹600+108 debited on 15/07/24.
If I maintaned AMW for 16/07/24 to 31/07/24.
is any possible to return back

[@naveenramamoorthy8988]

Madam ennoda account zero balance account,24 June short fall in required average monthly balance 2680 debit pannitaga . Enna madam pandradhu please solluga

[@siarider1792]

Minimum balance Saving account ta zero balance account aa maaththa mudiyuma sis bob bank la

[@sanjeveraj.h5750]

Hi akka

[@sugumarbalan6837]

ennudaya branch la minimum balance 2000 nu sonnaga

[@jainambunisha.m_0298]

Refund available ah????

[@Zealotbasu]

Am not hearing the sound

[@BankingMinutes]

You mean it's low?

[@vijaysubburaj5494]

Minimum Balance Than Kittaiyathunu Video Yoo Potturikingae Aprm Athu Ethu Maintain Pannaenum

[@BankingMinutes]

Depends on the type of account you opened, and when you opened.

[@vijaysubburaj5494]

@@BankingMinutes My Account Is Saving Account Open In 2021 Ethuku Minimum Balance Maintain Pannaenum Yaa

[@ALLINONE-qz5oq]

Puriyala clear ailla

[@mano.274]

Mam epdi minimum balance find pandrathu plz sullunga..🙏

[@BankingMinutes]

Neenga open pana account type and unga bank iruka area (rural or urban) poruthu ovoru bank layum min balance marum. So branch la unga acc number soli min bal evlo nu visarikanum,

[@pushpalathar6252]

Ithu ella bank kkuma akka??

[@BankingMinutes]

Yes. The threshold may vary.

[@kanakaraj2727]

I have a doubt please explain.
Minimum monthly average 10000 thousand required
I deposited 10,000 thousand. Then If have not take ten thousand rupees, thirty days it is monthly average balance ok.

[@BankingMinutes]

Yes.

[@kanakaraj2727]

Thanks