If there is no minimum balance in your account, then the bank deducts the penalty charge from your account. Let us tell you how much the bank is charging on the failed transaction.
If you also have an account with Punjab National Bank, then this news can shock you. From today, if you check ATM without balance or money does not come out of your ATM, then you will have to pay extra charge for it. The bank itself has given this information on its official website. Along with this, the bank is informing its customers about this through messages as well.
Let me tell you, according to the rules, it is necessary to keep a minimum balance in the account. If you do not do this, then the bank deducts the penalty charge from your account. Let us tell you how much the bank is charging on the failed transaction.
This much will be charged
Punjab National Bank will charge Rs 10 along with GST on the failed transaction. That is, if the minimum balance is not maintained in your account and you insert the card to check the balance in the ATM, then you will have to pay a penalty charge of Rs 10 with GST. On the other hand, if you have minimum balance in your account but due to some technical problem you could not withdraw money and the transaction has failed, then you can complain about penalty.
If you complain about the failed transaction in the bank, then the bank will return your money within 3 to 7 days of receiving the complaint. On the other hand, if your money does not come back in 30 days, then the bank will give you a compensation of Rs 100 per day.
Complain here on failed transaction
If your transaction fails due to technical problem, then you have to complain about it to the bank. You can complain for this on the numbers 1800180222 and 18001032222 issued by the bank.
