This customer-first initiative, efficient from July 1, 2025, is especially geared toward supporting precedence segments, akin to ladies, farmers and low-income households, making certain simpler and extra inclusive entry to banking companies with out the stress of steadiness upkeep penalties, PNB mentioned in a press release.
PNB MD & CEO Ashok Chandra mentioned: ‘This resolution displays our unwavering dedication to inclusive banking. We consider that waiving these fees will ease monetary stress on clients and encourage better participation within the formal banking ecosystem”.
With this step, PNB reaffirms its function as a socially accountable and customer-centric establishment, devoted to creating banking extra accessible and equitable for all, it added.