Minimum Balance Rule in Banks 2025 – SBI, HDFC, ICICI, Axis, PNB, Canara Updates

Minimum Balance Rule in Banks – Check How Much You Need to Maintain in HDFC, SBI, and Other Banks’ Savings Accounts

Last updated: 17 August 2025

Every Indian bank sets a minimum balance rule for savings accounts—usually an Average Monthly Balance (AMB) or Quarterly Average Balance (QAB). If you don’t maintain it, some banks levy penalties, while others have fully waived the requirement.

Image: Minimum Balance Rule in Banks 2025

SBI (State Bank of India)

• Minimum Balance: ₹0
• No penalty for non-maintenance on regular savings accounts.

HDFC Bank

• Urban/Metro: ₹10,000 AMB
• Semi-Urban: ₹5,000 AMB
• Rural: ₹2,500 QAB
• Savings Max Account: ₹25,000 AMB

ICICI Bank

• Urban/Metro: ₹15,000 (for new accounts after Aug 1, 2025)
• Semi-Urban: ₹7,500
• Rural: ₹2,500

Axis Bank

• Urban/Metro: ₹12,000 AMB
• Semi-Urban: ₹5,000 AMB
• Rural: ₹2,500 AMB

Punjab National Bank (PNB)

• Urban/Metro: ₹5,000–₹10,000
• Semi-Urban: ₹2,000
• Rural: ₹1,000

Bank of Baroda (BoB)

• Urban/Metro: ₹2,000
• Semi-Urban: ₹1,000
• Rural: ₹500

Union Bank of India

• Urban/Metro: ₹1,000 QAB
• Semi-Urban: ₹500 QAB
• Rural: ₹250 QAB

Canara Bank

• Minimum Balance: ₹0
• No penalties for non-maintenance.

Quick Comparison Table

Bank	Rural	Semi-Urban	Urban / Metro
SBI	₹0	₹0	₹0
HDFC Bank	₹2,500 (QAB)	₹5,000 (AMB)	₹10,000 (AMB)
ICICI Bank	₹2,500 (AMB)	₹7,500 (AMB)	₹15,000 (AMB)
Axis Bank	₹2,500 (AMB)	₹5,000 (AMB)	₹12,000 (AMB)
PNB	₹1,000 (AMB)	₹2,000 (AMB)	₹5,000–₹10,000 (AMB)
Bank of Baroda	₹500 (AMB)	₹1,000 (AMB)	₹2,000 (AMB)
Union Bank of India	₹250 (QAB)	₹500 (QAB)	₹1,000 (QAB)
Canara Bank	₹0	₹0	₹0

Conclusion

SBI and Canara Bank are best for zero-balance savings accounts. HDFC and Axis require higher balances in urban areas. ICICI revised its minimum balance to ₹15,000 for new urban accounts. Always confirm with your bank branch for the latest rules.