If your account SBI (State Bank of India), PNB (Punjab National Bank) in BOB (Bank of Baroda) If in, the new rules that come into force from 1 April 2025 are very important for you. These three big public sector banks have made changes in many rules for their customers, whose direct effect is your Bank accounts, saving, fixed deposits, digital banking and everyday transactions It will be on The purpose of these changes is to make banking more secure, transparent and convenient for customers.
With the beginning of the new financial year RBI (Reserve Bank of India) and these banks Together, you have made some rules that you may have to face penalty, account closure or other problems if not followed. Whether you are a salary account holder, pensioner, or invest in FD/Recurring Deposit, these Knowing new rules And understanding is important for you. Let us know in detail what for account holders of SBI, PNB, BOB from 1 April 2025 5 big changes Have been implemented, and what you should take care of.
Big update to SBI, PNB, BOB account holders
| Name of change | SBI (State Bank of India) | PNB (Punjab National Bank) | BOB (Bank of Baroda) |
|---|---|---|---|
| New conditions of minimum balance | Urban: ₹ 3000, Semi-urban: ₹ 2000, Rural: ₹ 1000 | Urban: ₹ 2000, Semi-urban: ₹ 1000, Rural: ₹ 500 | Urban: ₹ 2000, Semi-urban: ₹ 1000, Rural: ₹ 500 |
| FD/ rd schemes | Every Gahar Lakhpati Road, 7.6% KTHAMAK | 303-day, 506-day FD, interest up to 7.25% | Utsav Deposit, 7.30% interest, 0.50% additional to senior citizens |
| KYC update | Mandatory every 2-3 years, account freeze for not doing | Compulsory by 23 January 2025, otherwise account freeze | Mandatory every 2-3 years, account freeze for not doing |
| ATM withdrawal limit | ₹ 40,000- ₹ 1,00,000/Day (as per card) | ₹ 25,000-30,000 / day | ₹ 25,000-30,000 / day |
| Digital banking features | IMPS Limit ₹ 5 Lakh, UPI Limit increased | New conditions on digital transactions | Improvement in digital banking, new conditions |
| Home loan interest rate | RBLR 8.85% (less than 9.1%) | Interest rate cuts | RBLR 8.85% (less than 9.1%) |
| Penalty rules | Charge for not keeping minimum balance | Charge for not keeping minimum balance | Charge for not keeping minimum balance |
| Account inactivity rule | Account on 2 years inactivity closed | Account on 2 years inactivity closed | Account on 2 years inactivity closed |
Change 1: Minimum balance rule change
Now SBI, PNB and BOB have their Minimum balance The terms of (minimum balance) have been tightened. Different limits have been set for urban, semi-urban and rural areas. If you do not put the prescribed minimum amount in your account, then you have to pay penalty every month.
- Urban Area: ₹ 3000 in SBI, ₹ 2000 in PNB/BOB
- Semi-urban Area: ₹ 2000 in SBI, ₹ 1000 in PNB/BOB
- Rural Area: ₹ 1000 in SBI, ₹ 500 in PNB/BOB
Important: The account can also be freeze or shutdown if not having frequent minimum balance.
Change 2: ATM withdrawn limit and charge
Now the number of free withdrawal from ATM has been reduced. SBI according to the type of card From ₹ 40,000 to ₹ 1,00,000 Withdrawal of withdrawal is allowed, but after the free transaction limit, every withdrawal will be charged. Withdrawal limits and charges have also been changed in PNB and BOB.
- Number of free transactions low
- Additional charge on more withdrawal than limit
- Digital transactions promote
Change 3: KYC update compulsory
Now all account holders are every 2-3 years KYC (Know your customer) It is necessary to update. If you do not update KYC on time, your account may freeze or shut down. PNB has warned to freeze the account for not updating KYC by 23 January 2025.
- Aadhaar, PAN, address proof required for KYC update
- Keep mobile number and email updates
Change 4: Digital Banking and UPI/IMPS Limit
To make digital banking more secure and easier, the limit and conditions of UPI, IMPS, net banking have been changed. SBI has given the limit of IMPS to ₹ 5 lakh, but some transactions may apply charge or new conditions. Positive pay systems (PPS) are also being implemented to prevent digital fraud.
- UPI/IMPS transaction limit increased
- Verification required on checks above ₹ 5000 under PPS
Change 5: FD, RD and Loan Rules
Now the interest rates of FD and RD have been changed. Senior citizens will get the benefit of additional interest. Home loan interest rates have decreased after RBI’s repo rate cut, which can reduce your EMI.
- SBI: Every depth RD, up to 7.6% by Kembasak
- PNB: 303-day, 506-day FD, interest up to 7.25%
- BOB: Utsav Deposit, 7.30% interest, 0.50% additional to senior citizens
Other necessary changes
- Account Inaction: If there is no transaction for 2 years, the account may be closed.
- Positive pay system: Verification required for checks above ₹ 5000.
- Income tax notice: Income tax notice can come for keeping more money from the limit in FD/Savings Account.
SBI, PNB, Bob New Rules 2025
| Rule/change | Description |
|---|---|
| Minimum balance | Urban: ₹ 2000- ₹ 3000, Semi-urban: ₹ 1000- ₹ 2000, Rural: ₹ 500- ₹ 1000 |
| ATM clearance | Limit reduction, free transaction low, charge on additional withdrawal |
| KYC update | Mandatory every 2-3 years, account freeze/closed for not doing |
| Digital banking | UPI/IMPS limit increased, PPS applied, digital fraud prevent measures |
| FD/rd interest rate | More interest to senior citizens, new FD/RD schemes |
| Home loan interest rate | EMI low after RBI repo rate cut, new conditions apply |
| Account inaction | Account on 2 years inactivity closed |
| Income tax notice | Notice on transaction/amount more than limit |
What will affect customers with these changes?
- You will need to maintain minimum balance in your account, otherwise you will get penalty.
- Additional charge will have to be paid on repeated withdrawal of money from ATM.
- Banking services can stop if KYC is not updated on time.
- It is important to take care of the new limit and security features while doing digital banking.
- FD, RD and loan can lead to the benefit/loss of new interest rates.
Easy ways to rescue
- Check your account balance at the beginning of every month.
- Get KYC updates from time to time.
- Take care of the limit while withdrawing money from ATM.
- Read new conditions of the bank while doing digital transactions.
- Before investing in FD/RD, understand the interest rate and conditions.
Frequently asked questions (FAQ)
Q1. What will happen if the minimum balance is not kept?
A. You will have to pay a penalty every month, an account can also be freeze on frequent mistakes.
Q2. How to update KYC?
A. You can update KYC by going to the bank branch or by giving Aadhaar, PAN, address proof through online (net/mobile banking).
Q3. When will the new interest rate in FD be implemented?
A. All new interest rates are applicable since 1 April 2025.
Q4. What is the limit of digital transactions?
A. IMPS Limit ₹ 5 lakh in SBI, UPI limit fixed according to the bank, verification is required on check above ₹ 5000 under PPS.
Q5. What will happen when the account is inactive?
A. The account can be closed if there is no transaction for 2 years. The bank will have to be contacted to start again.
conclusion:
From 1 April 2025, changes in the rules of big banks like SBI, PNB, BOB will make your banking life easy, safe and transparent. By following these rules, you can avoid penalty, account closure and other problems. Always keep your account information updated, use digital banking correctly and understand the new conditions of the bank.
Disclaimer: This article is based on media reports, bank notifications and updates of RBI. The new rules of SBI, PNB, BOB have been implemented from 1 April 2025, which is confirmed by the bank’s website, official notice and circular of RBI. However, rumors also spread many times on social media, so for the final confirmation of any rule, take information from your bank branch or customer care. The information given above is completely correct and fresh, but the rules may change from time to time.
