What are minimum balance requirements for general savings accounts at top Indian banks?
The minimum monthly average balance (MAB) requirement for general savings accounts at SBI is nil, according to its website. At HDFC Bank, MAB requirement is ₹10,000, while at ICICI Bank, the limit has been revised to ₹15,000. Kotak Mahindra Bank and Axis Bank have set MAB limit for savings account at ₹10,000 while IndusInd Bank has set it at nil.