5 common hidden bank charges!
By: Team Ifairer | Posted: 29-09-2014
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Average monthly balance charges
All private banks in India ask account holders to maintain a minimum balance. If during a particular month, you overdraw money beyond this limit, banks charge a penalty of up to Rs. 250 per month. If for some reason, it is not possible to maintain a minimum balance, you can open an account with a public sector bank for many of them don't have any minimum balance condition.