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What is the minimum Average Quarterly Balance (AQB) required to be maintained in the case of a regular Savings Account? How is the AQB calculated?

April 26, 2017aqb average Balance Case maintained minimum quarterly regular savings account

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What is the minimum Average Quarterly Balance (AQB) required to be maintained in the case of a regular Savings Account? How is the AQB calculated?

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The minimum AQB required to be maintained for a regular Savings Account is Rs.25,000. The AQB is calculated by adding the end of day balances for each day in the quarter and dividing it by the number of days in that quarter.