Check the latest Union Bank Minimum Balance Update 2026! Union Bank has waived off non-maintenance charges for General Savings Accounts. Explore new service charges, AMB limits, and zero-balance account benefits at EntertainmentCorner.In.
​In A Significant Move To Enhance Customer Satisfaction, Union Bank Of India (UBI) Has Announced A Revised Minimum Balance Policy For 2026. This Update Is A Major Relief For Millions Of Savings Account Holders, Especially In Rural And Semi-Urban Areas. The New Policy Not Only Simplifies The Monthly Average Balance (MAB) Requirements But Also Significantly Reduces The Non-Maintenance Charges. At EntertainmentCorner.In, We Provide You With The Complete Breakdown Of The New Limits, Penalties, And Exemptions Effective From February 2026.
​Union Bank Revised Minimum Balance Requirements 2026
​The Minimum Balance Requirement In Union Bank Depends On The Location Of The Branch Where Your Account Is Maintained. The Monthly Average Balance (MAB) Calculation Remains The Same, But The Limits Have Been Streamlined.
​New Average Monthly Balance (AMB) Table
| Branch Location Type | Revised Minimum Balance (AMB) |
|---|---|
| Metro Branches | ₹5,000 (With Cheque) / ₹2,500 (Without) |
| Urban Branches | ₹2,500 (With Cheque) / ₹1,000 (Without) |
| Semi-Urban Branches | ₹1,000 (With Cheque) / ₹500 (Without) |
| Rural Branches | ₹500 (With Cheque) / ₹250 (Without) |
New Non-Maintenance Charges (Penalties) 2026
​The Biggest Highlight Of The Union Bank Minimum Balance Update 2026 Is The Reduction In Penalty Charges. Earlier, Charges Were High, But Now They Are Slab-Based To Ensure Fairness.
​Revised Penalty Charges Per Month
| Shortfall Percentage | Penalty For Metro/Urban | Penalty For Rural/Semi-Urban |
|---|---|---|
| Below 50% Shortfall | ₹50 + GST | ₹25 + GST |
| 50% To 80% Shortfall | ₹100 + GST | ₹50 + GST |
| Above 80% Shortfall | ₹150 + GST | ₹75 + GST |
Accounts Exempted From Minimum Balance Charges
​Not All Accounts Need To Maintain These Balances. The Following Categories Are Exempted Under The Union Bank Policy 2026:
- ​BSBDA Accounts: Basic Savings Bank Deposit Accounts (Zero Balance Accounts).
- ​Pradhan Mantri Jan Dhan Yojana (PMJDY): All Accounts Opened Under This Scheme.
- ​Salary Accounts: Accounts Under Corporate Or Government Salary Packages.
- ​Student Accounts: Special Savings Schemes For Minors And Students.
- ​Pensioner Accounts: Basic Pension Savings Accounts Provided By Union Bank.
   Read Also:     60% DA Hike In 2026 To Boost Salaries And Pensions: Big Relief For Central Government Employees   Â
​Important Changes In Service Charges
​Along With Balance Updates, Union Bank Has Revised Certain Service Charges To Encourage Digital Banking:
- ​ATM Withdrawals: 5 Free Transactions Per Month At Own ATMs; Beyond That, ₹21 Per Transaction.
- ​SMS Alerts: Charged At A Nominal Rate Of ₹15 Per Quarter.
- ​Cheque Leaves: First 20 Leaves Are Free Per Financial Year For Standard Savings Accounts.
   Read Also:     LIC Bima Sakhi Scheme 2026: Earn Up To ₹7,000 Monthly Income; Apply Online Now   Â
​Final Verdict
​The Union Bank Minimum Balance Update 2026 Is A Pro-Customer Move That Reduces The Burden On Low-Income Groups. By Lowering The Penalty Slabs, The Bank Aims To Retain Its Large Rural Customer Base While Competing With Private Banks In Metro Areas. Customers Are Advised To Check Their Branch Category To Avoid Unnecessary Deductions.
​Stay Tuned To EntertainmentCorner.In For More Updates On Banking Rules And Financial News!
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