What Is The Minimum Balance In BOI Current Account?

What is the minimum balance required in current account?

Current Account Monthly Average Balance and Withdrawal Limit 2020BankMinimum Average BalanceHDFC Bank Regular Current AccountRs.10,000 per quarterBank of Baroda Baroda Small Business Current AccountQuarterly Average Balance Rs.

2,500SBI Regular Current AccountRs.

10,000Axis Bank Normal Current AccountRs.

10,0002 more rows.

Which bank is safe to open account?

Almost all banks are secure and safe and individuals can choose to open a savings account in any bank. Some of the top banks that offer high security on savings account are SBI, HDFC Bank, ICICI and DBS Bank.

Can I open zero balance current account?

A zero balance current account can be opened in any commercial or non-commercial bank. One can choose from the list of top banks providing zero balance current accounts. The user needs to submit all the KYC acceptable documents along with the current account opening form at the nearest bank branch.

What are the types of current account?

Let’s take a look at the different types of current accounts there are, which are based on the different requirements you might have.Premium Current Account.Standard Current Account:Foreign Currency Account:Packaged Current Account:Single Column Cash Book.

What is the minimum balance in BOI bank account?

It aims at maximizing the earnings for the customer, without jeopardizing liquidity. Minimum balance in SB portion is Rs. 50,000/- and minimum balance in Term Deposit Portion is Rs. 10,000/-.

What is the minimum balance in United Bank of India?

List of All Banks Savings Account Interest Rates and Minimum Balance 2020List of Savings Account BanksMinimum Balance Required(INR)UCO Bank0/100/250/500/1000/1500Union Bank of India0/20/100/250/500/1000United Bank of India0/50/100/500Vijaya Bank500/1000/200033 more rows

Which bank has the lowest minimum balance?

ICICI Basic Savings Account.HDFC BSBDA Small Savings Account.SBI Basic Savings Bank Account.Axis Bank Small Basic Savings Account.Indus Small Savings Account.Standard Chartered Bank’s Basic Banking Account.RBL Bank’s Abacus Digital Savings Account.IDFC Bank Pratham-savings account (BSBDA)

Does current account give interest?

Savings accounts earn interest at a rate of around 4%, while there is no such earning from a Current Account. A Current Account is actually a no interest-bearing deposit account.

What is the minimum balance in Kotak current account?

Kotak Current Account Minimum Balance and ChargesKotak Bank Current AccountKotak Bank Current Account Minimum BalanceNon Maintenance ChargesEdge Current AccountAverage Quarterly Balance of Rs. 25,000If AQB is less than 50 percent, NMC is Rs. 1,500 If AQB more than 50 percent, NMC is Rs. 9003 more rows•Nov 16, 2020