By removing these charges, the bank hopes to further support inclusive growth and strengthen its engagement with underbanked and underserved communities.
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The bank stated that the decision aims to ensure uniformity and fairness in banking services.
State-owned bank Union Bank of India has announced a waiver of charges for non-maintenance of minimum balance in general savings accounts.
According to the bank, this change will come into effect from the next quarter—ending September 2025.
DATE . July/28/2025
