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penalty

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  1. senapati_sr

    Indian bank charging minimum balance penalty charges.

    Any way to ask the Indian bank not to charge the minimum balance? I tried RBI ombudsman but its stuck in initial phase. and no progress from last 6 months. Now I am thinking to pay them the charges. Any other way please recommend. Sorry for posting here, but while creating post I could not...
  3. 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...
  4. 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.
  5. 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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