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Request for PM to cancel proposed Penalties by Banks for not maintaining Minimum Balance

This petition had 90 supporters


Dear PM Modiji,

You are aware Millions of people include below poverty line have opened Bank account giving great respect to your words for getting various subsidy benefits through Bank and for doing all transactions through Bank to make your digital India program a great success. But Proposed decision by banks definitely going to affect your programs & vision

From the recent news, State Bank of India planning to charge penalties for not maintaining minimum balance in Savings Bank account, which will ultimately leads to negative balance in their account

But it is unfortunate & sad many Banks have started and are planning for charging penalty for not maintaining minimum balance according to their own policy and it is highly objectionable and uncalled for. I am sure many people may close their account if they are not much benefited 

Therefore, we request your good office to intervene immediately and take appropriate actions to stop charging penalties for not maintaining balance in SB account by both Nationalized and Private Banks

 



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