What is the 3-in-1 account minimum balance requirements?

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Most banks offering 3-in-1 account asks for a Minimum Monthly Average Balance (MAB) in the saving bank account. The amount varies from the bank to the bank. For example:

3-in-1 Account Minimum Balance

Bank	Minimum Balance
ICICI Bank	Metro and Urban locations - Rs 10,000 Semi-urban locations - Rs 5,000 Rural locations - Rs 2,000 Gramin locations - Rs 1,000
HDFC Bank	Metro and Urban locations - Rs 10,000 Semi-urban locations - Rs 5,000 Rural locations - Rs 2,500

Note: Not maintaining the minimum balance results in penalties by the bank. For example, ICICI Bank charges a penalty of Rs 100 + 5% of the shortfall in required MAB every month. HDFC charges Rs 100 to Rs 600 per month.

What is the 3-in-1 account minimum balance requirements?

3-in-1 Account Minimum Balance

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