Charging monthly amount for non maintaining of fund?

Question

Sir,  They are charging me monthly Rs 350/- for non maintaining  if fund is not maintaining means they can block my account for that. Instead of that, how they can charge like this. Non maintaining fund means, don't have money to maintain. if charging means, how I can able to pay that amount.
please help on this
Chandrakumar 

Answer 1

Dear Chandrakumar

At the outset, let me clarify that this site is designed and managed by a group of Senior Banking Professionals to assist Bank Customers at large to provide guidance for resolution of any complain/query/grievance in respect of financial services. This site does not belong to any Bank or a regulator, which may please be noted.

The better course of action is to get the account closed, if you can not maintain the required minimum average balance.  Approach your home branch of the bank and seek their assistance in closing the account, as I assume that you are not interested in maintaining the same.

RAJA