Interest Charges:In addition to the percentage-based approach, lenders may require borrowers to pay any accrued interest on the outstanding balance as part of the minimum payment. This ensures that the interest costs are being covered, preventing the balance from continuously growing solely due to ...
Minimum account balance: The minimum account balance of ICICI savings accounts is INR 10,000 in metro and urban cities. Also, for semi-urban locations, the minimum balance is INR 5,000 and INR 2,000 for rural locations. Fund Transfer: Transferring funds with ICICI bank is easy. Furthermore...
Minimum account balance: The minimum amount of balance for PNB savings account differs from the account types. Following are the minimum account balance requirements for different PNB savings accounts. Maximum account balance: Also, there is no limit on the maximum amount of balance in PNB savings ...