If I want a new account now 10K MAB mandatory?

Hi Team,

I have a free SA account. Am trying to create one with my family member and it’s asking me 10K as MAB.

Can you please help me to understand this and guide me to get the free account instead of 10K MAB by any chance?

Hi @deepaksahu,

It’s not possible since the Zero balance is not applicable after August 31st. So it’s mandatory to maintain ₹10K those who opens the account from September 1st onwards.

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