According to RBI guidelines, your savings account balance can be brought down to zero due to failure to maintain the minimum balance, but it cannot go into negative. Therefore, there is no need for you to make any extra payments to close your old bank account. If the bank still acts arbitrarily, you can lodge a complaint under the RBI’s Bank Ombudsman Scheme. 😊 | Basic Gyaan

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124 reactions · 13 shares | Add an extra layer of security inside or out with cams that go everywhere and see everything. | Ring | Facebook