Revised MAD computation logic (effective 10th Nov 2023)

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block debit card block credit card UPGRADE DEBIT CARD

savings & agri account statement credit card statement

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Update Address Update Name Update PAN Update Date of Birth Update KYC Update Passport Details Update Visa Update & Seed Aadhaar

Change of Home Branch Migrate to Salary Account Family Banking Submit Form 15G/H Request Chequebook DD request
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Revised MAD computation logic (effective 10th Nov 2023)

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MAD = 2% of (Purchases/ Cash Withdrawals) + 100% of (Interest/Finance Charge, All Fees, loans, taxes).

Click here for Illustration for Minimum Amount Due (MAD) Computation

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