Bandhan Bank cuts MAB for standard savings account to Rs 2,000, boosts inclusive banking push

On the occasion of India’s 77th Republic Day, Bandhan Bank announced a key revision in its retail banking offering by lowering the Monthly Average Balance (MAB) requirement for its Standard Savings Account. The bank said the MAB has been reduced from ₹5,000 to ₹2,000, effective February 1, 2026, while all existing product features and benefits will remain unchanged.

The decision is part of the bank’s broader strategy to strengthen financial inclusion and make banking more affordable for a wider section of customers, particularly in semi-urban and rural areas. By easing the balance requirement, the bank aims to remove entry barriers and allow customers to operate a full-service savings account without facing financial strain.

Announcing the move, Rajinder Kumar Babbar, Executive Director and Chief Business Officer, said Republic Day represents equality and empowerment. He noted that financial inclusion is central to the bank’s vision and that the reduced MAB will help customers save, transact, and grow their finances more comfortably.

In Tripura, the revised MAB is expected to have a positive impact on small savers, salaried employees, traders, and self-employed individuals. Many customers in the state maintain modest account balances, and the lower requirement could encourage more people to open and actively use savings accounts, supporting everyday banking needs and local economic activity. The bank has advised customers to visit its official website for further details on the Standard Savings Account.