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HDFC Bank collected the 2nd highest amount of charges for not maintaining minimum balance during 2017-18.


Top banks have collected as much as Rs 5,000 crore in fiscal 2017-18 as charges for non-maintenance of minimum balance requirements. According to banking data, as many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18. State Bank of India or SBI, the largest lender of the country, alone collected more than half of this penalty amount, revealed the data.





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