How to Calculate AMB or MAB Balance of Bank Account | HDFC Bank Axis Bank

Average Monthly Balance AMB Calculator - Calculate Monthly ... Average Monthly Balance AMB Calculator helps to calculate your average monthly balance amount to be maintained in your account. ✓AMB Calculation Link - https://www.icicibank.com/calculators... ✓ HDFC Account Opening Link - https://click.monetizedeal.com/c?o=60... ✓ HDFC खाता खोलने का वेबसाइट लिंक - https://click.monetizedeal.com/c?o=60... MAB is the average of all the closing-day balances in a given month. To calculate the MAB, you need to add each day's end-of-the-day balance and divide it by the number of days in that month. What is Average Monthly Balance? #AverageMonthlyBalance AMB is the average balance to be maintained in the account over a period of a month. Do all Savings accounts have the same AMB requirement? Different types of accounts or programs have different AMB requirements. Please refer to the section on your account program on the website to know the AMB applicable on your account. How is #AMB calculated? It is the sum of the end of day balance in the account for each day in the month, divided by the number of days in the month. For more detailed explanation, refer to the example below In this Video - 00:00 Intro AMB Balance 01:35 Example 1 04:35 Example 2 06:15 Example 3 07:20 Example 4 08:35 AMB Charges by Banks