Bandhan Bank lowers MAB for standard savings account to Rs 2,000 from February 1

On the occasion of India’s 77th Republic Day, Bandhan Bank announced a reduction in the Monthly Average Balance (MAB) requirement for its Standard Savings Account, reaffirming its focus on inclusive and customer-friendly banking. The bank said the MAB has been lowered from ₹5,000 to ₹2,000, with effect from February 1, 2026, while all existing product features and benefits will remain unchanged.

The move is aimed at making formal banking more affordable and accessible, particularly for customers in semi-urban and rural areas. By easing the balance requirement, the bank hopes to reduce financial pressure on account holders and allow more individuals to benefit from a full-service savings account without compromising on features. Commenting on the decision, Rajinder Kumar Babbar, Executive Director and Chief Business Officer, said Republic Day symbolises equality and empowerment. He added that lowering the MAB is part of the bank’s effort to strengthen financial inclusion and help customers save and grow without unnecessary barriers.

In Tripura, the revised MAB is expected to benefit a large base of small savers, salaried individuals, traders, and self-employed customers in the state. With many households in Tripura maintaining modest balances, the lower requirement could encourage wider adoption of savings accounts and greater participation in formal banking, supporting everyday financial needs and local economic activity. The bank has advised customers to visit its official website for further details on the Standard Savings Account.

By Business Bureau