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Bandhan Bank will reduce the Monthly Average Balance (MAB) requirement for its Standard Savings Account from ₹5,000 to ₹2,000, effective February 1, 2026, the bank said.
The revision will lower the minimum balance customers need to maintain in their savings accounts to avoid non-maintenance charges.
Monthly Average Balance refers to the average amount maintained in an account over a month, calculated by averaging the end-of-day balances across all days in the month. Banks typically levy charges if the maintained average falls below the prescribed threshold.
Once the change comes into effect, Bandhan Bank customers holding standard savings accounts will be required to maintain a monthly average balance of ₹2,000, compared with ₹5,000 earlier.
The bank continues to offer a tiered interest rate structure on domestic and non-resident rupee savings deposits. As per the interest rate chart effective December 25, 2025, interest on savings accounts is calculated daily on the basis of end-of-day clear balances and credited at quarterly intervals.
For balances up to ₹1 lakh, the interest rate stands at 2.70% per annum. Incremental balances above ₹1 lakh earn higher rates depending on the slab. Balances above ₹5 lakh up to ₹10 lakh earn 4.85% per annum, while balances above ₹10 lakh up to ₹50 lakh earn 5.35%. Deposits above ₹50 lakh up to ₹5 crore earn 5.55%, and balances above ₹5 crore up to ₹250 crore earn 6.00% per annum.
For balances exceeding ₹250 crore, deposits above ₹250 crore up to ₹500 crore earn 6.15% per annum on the balance above ₹1 lakh, while balances above ₹500 crore up to ₹750 crore earn 6.85%. For balances above ₹750 crore up to ₹1,000 crore, the interest rate is linked to the overnight Mumbai Interbank Offered Rate (MIBOR) plus 0.85%. Balances exceeding ₹1,000 crore earn 6.15% per annum on the balance above ₹1 lakh.
The revision will lower the minimum balance customers need to maintain in their savings accounts to avoid non-maintenance charges.
Monthly Average Balance refers to the average amount maintained in an account over a month, calculated by averaging the end-of-day balances across all days in the month. Banks typically levy charges if the maintained average falls below the prescribed threshold.
Once the change comes into effect, Bandhan Bank customers holding standard savings accounts will be required to maintain a monthly average balance of ₹2,000, compared with ₹5,000 earlier.
The bank continues to offer a tiered interest rate structure on domestic and non-resident rupee savings deposits. As per the interest rate chart effective December 25, 2025, interest on savings accounts is calculated daily on the basis of end-of-day clear balances and credited at quarterly intervals.
For balances up to ₹1 lakh, the interest rate stands at 2.70% per annum. Incremental balances above ₹1 lakh earn higher rates depending on the slab. Balances above ₹5 lakh up to ₹10 lakh earn 4.85% per annum, while balances above ₹10 lakh up to ₹50 lakh earn 5.35%. Deposits above ₹50 lakh up to ₹5 crore earn 5.55%, and balances above ₹5 crore up to ₹250 crore earn 6.00% per annum.
For balances exceeding ₹250 crore, deposits above ₹250 crore up to ₹500 crore earn 6.15% per annum on the balance above ₹1 lakh, while balances above ₹500 crore up to ₹750 crore earn 6.85%. For balances above ₹750 crore up to ₹1,000 crore, the interest rate is linked to the overnight Mumbai Interbank Offered Rate (MIBOR) plus 0.85%. Balances exceeding ₹1,000 crore earn 6.15% per annum on the balance above ₹1 lakh.
