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penalty

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  1. Z

    Need Help – MAB Penalty Deduction Issue with ICICI Bank

    Hi Everyone, I’m facing an issue with ICICI Bank regarding MAB (Minimum Average Balance) penalty deductions, and I’d appreciate any help or suggestions from the community. Here’s what happened: My account had a balance of ₹ 0.28 since December 2024, which was deducted on 7th February 2025...
  3. RAMESH BABU N

    CREDIT CARD MISUSE : No Section 271(1)(b) Penalty - if reasonable explanation is given...

    Credit Card Misuse: No Section 271(1)(b) Penalty - if reasonable explanation is given... Read it at https://taxguru.in/income-tax/credit-card-misuse-section-2711b-penalty-reasonable-explanation.html Many may find it useful.
  4. xfactcc

    PNB will charge penalty on Debit Card txns for insufficient balance

    as per SMS received. Is it new? Are all banks doing it? I thought no bank does this.
    • xfactcc
    • Thread
    • debit card insufficient balance penalty pnb
    • Replies: 4
    • Forum: Debit Card
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