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Amar Prabhakar Kuvalekar (Audit Assisstant)     18 May 2016

NPA

I have debit balance in my savings bank account can bank declare it as a NPA and can they send me legal notice? As I am jobless I am unable to maintain the minimum required balance. Kindly help me with the issue.


 1 Replies

JustAdvisor (IT)     18 May 2016

debit balance is temporary overdraft and you are expected to repay it to avoid troubles.

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