{"id":6441,"date":"2024-06-05T12:34:36","date_gmt":"2024-06-05T07:04:36","guid":{"rendered":"https:\/\/razorpay.com\/learn\/?p=6441"},"modified":"2025-10-08T16:02:54","modified_gmt":"2025-10-08T10:32:54","slug":"monthly-average-balance","status":"publish","type":"post","link":"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/","title":{"rendered":"Monthly Average Balance (MAB)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d6cf734b5ba\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d6cf734b5ba\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#What-is-Monthly-Average-Balance\" >What is Monthly Average Balance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#How-to-Calculate-Monthly-Average-Balance\" >How to Calculate Monthly Average Balance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#Why-do-banks-enforce-a-Minimum-Average-Balance-requirement\" >Why do banks enforce a Minimum Average Balance requirement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#Tips-on-Maintaining-Monthly-Average-Balance\" >Tips on Maintaining Monthly Average Balance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#Penalties-for-Non-Maintenance-of-Monthly-Average-Balance\" >Penalties for Non-Maintenance of Monthly Average Balance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#Monthly-Average-Balance-MAB-vs-Quarterly-Average-Balance-QAB\" >Monthly Average Balance (MAB) vs Quarterly Average Balance (QAB)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#Benefits-of-Maintaining-Monthly-Average-Balance\" >Benefits of Maintaining Monthly Average Balance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/monthly-average-balance\/#FAQs\" >FAQs\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-is-Monthly-Average-Balance\"><\/span><strong>What is Monthly Average Balance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The monthly average balance is the average closing balance in a bank account over one month. It is calculated by dividing the sum of all closing balances over one month by the number of days in that month.\u00a0<\/span><\/p>\n<p>Banks and financial service providers require businesses to maintain a monthly average balance in their current accounts to continue providing industry-first solutions to businesses.<\/p>\n<p>Some banks provide zero-balance current accounts, which may be attractive to those wanting to avoid fees &#8211; but these accounts often lack the advanced features offered by minimum balance accounts.<\/p>\n<p>All businesses should consider minimum balance current accounts to benefit from features like waived transaction fees, faster processing, lesser downtime, better credit ratings etc.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How-to-Calculate-Monthly-Average-Balance\"><\/span><span style=\"font-size: 30.9985px;\">How to Calculate <\/span><strong>Monthly Average Balance<\/strong><span style=\"font-size: 30.9985px;\">?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Monthly average balance or MAB is calculated with the average of all the closing balances in your account over a month, and dividing it by the number of days in a month.<\/p>\n<p>Monthly average balance formula:<\/p>\n<p style=\"text-align: center;\"><strong>MAB = (Sum of closing balances) \/ (Number of days in month)<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s look at an example to understand this. These were the closing balances in Rahul&#8217;s current account for the month of April.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Days<\/b><\/td>\n<td><b>Total days (A)<\/b><\/td>\n<td><b>Amount in the account at end of the day (B)<\/b><\/td>\n<td><b>A x B<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>First 4 days<\/b><\/td>\n<td><span style=\"font-weight: 400;\">4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 25,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,00,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>5<\/b><b>th<\/b><b> to 9<\/b><b>th<\/b><b> day<\/b><\/td>\n<td><span style=\"font-weight: 400;\">5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 15,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">75,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>10<\/b><b>th<\/b><b> to 14<\/b><b>th<\/b><b> day<\/b><\/td>\n<td><span style=\"font-weight: 400;\">5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">25,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>15<\/b><b>th<\/b><b> to 28<\/b><b>th<\/b><b> day<\/b><\/td>\n<td><span style=\"font-weight: 400;\">14<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 10,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,40,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>29<\/b><b>th<\/b><b> to 30<\/b><b>th<\/b><b> day<\/b><\/td>\n<td><span style=\"font-weight: 400;\">2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 20,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">40,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">Using the formula, monthly average balance comes out to be:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">= (1,00,000 + 75000 + 25000 + 1,40,000 + 40,000) \/ 30<\/span><\/p>\n<p><span style=\"font-weight: 400;\">= 3,80,000 \/ 30<\/span><\/p>\n<p><span style=\"font-weight: 400;\">= Rs 12,666.66<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hence, Rahul\u2019s monthly average balance is above the mandated Rs 10,000, and he will not be charged any penalty.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why-do-banks-enforce-a-Minimum-Average-Balance-requirement\"><\/span><strong>Why do banks enforce a Minimum Average Balance requirement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A minimum average balance requirement may seem like a hurdle to businesses, but it unlocks valuable benefits.<\/p>\n<p>Businesses that are able to maintain their MAB prove to the bank or financial service provider that the business has a regular and steady source of income and stable spending patterns. Maintaining MAB consistently can contribute positively to businesses&#8217; credit scores, which helps with getting loans or emergency lines of credit.<\/p>\n<p>The minimum account balance is an important source of income for the banks, which enables them to provide special features and services like spending analytics, payroll processing, vendor and <a href=\"https:\/\/razorpay.com\/blog\/what-is-invoice-management\/\">invoice management<\/a>, escrow services, forex services, and more.<\/p>\n<p>By maintaining a minimum balance, businesses are partnering with the bank to access a wider range of tools that can streamline operations, improve efficiency, and ultimately help them grow.<\/p>\n<p style=\"text-align: center;\"><strong><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_mab&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Check out RazorpayX Business Banking+<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tips-on-Maintaining-Monthly-Average-Balance\"><\/span><strong>Tips on Maintaining Monthly Average Balance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">While the entire concept of average balance is rather simple, here are some ways in which you can optimise your monthly average balance maintenance and ensure a smooth ride with your bank.<\/span><\/p>\n<h4>1. Know Your Requirements<\/h4>\n<p><span style=\"font-weight: 400;\">Weigh your options before you apply for any bank account. Banks and service providers offer different kinds of current accounts &#8211; startup current accounts, premium current accounts, zero balance accounts, forex accounts and more.\u00a0<\/span><\/p>\n<p>Each current account comes with different features, services and minimum balance requirements.<\/p>\n<p style=\"text-align: left;\"><strong>Read more: <a href=\"https:\/\/razorpay.com\/learn\/business-banking\/types-of-current-accounts\/\">A Guide to Types of Current Accounts<\/a><\/strong><\/p>\n<h4>2. Avoid Multiple Bank Accounts<\/h4>\n<p><span style=\"font-weight: 400;\">Avoid multiple bank accounts. <\/span><span style=\"font-weight: 400;\">This makes it hard to keep track of MAB requirement norms of each bank and comply with them each month. It also results in a large amount of money being locked away as the minimum balance requirement across all your bank accounts.\u00a0<\/span><\/p>\n<p>If you&#8217;re a business owner, it&#8217;s best to open one single current account that serves all your financial needs.<\/p>\n<p style=\"text-align: center;\"><strong><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_mab&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX Business Banking+<\/a><\/strong><\/p>\n<h4>3. Budget and Plan<\/h4>\n<p>This one goes without saying &#8211; make sure your expenses are optimised and you&#8217;re accounting for every rupee that goes out of your account! Saving money wherever possible will help you maintain a higher average balance in your account.<\/p>\n<p>Robust current accounts come with accounting integrations, which automatically record and reconcile every transaction into your accounting software of choice. RazorpayX Business Banking+ integrates with all the top accounting software, including Zohobooks, Tally and more.<\/p>\n<h4>4. Use Credit to Your Benefit<\/h4>\n<p>Current accounts come with a corporate credit card, which can help with short-term expenses and purchases without putting your bank balance at risk. Be careful while using a corporate credit card &#8211; overspending can put your cash at risk when its time to pay your dues.<\/p>\n<h4><strong>5.<\/strong> Focus on cashflow management<\/h4>\n<p>Well-managed cash flow will ensure your business always has a surplus of cash to maintain the minimum balance requirement. An important part of managing cash flow well is making your business payments on time and managing your budget well.<\/p>\n<p>With RazorpayX Business Banking+, you can automate budgeting, vendor payments, payroll, general payouts, and more, making business finances easier to manage.<\/p>\n<p style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?utm_source=blog&amp;utm_medium=cta&amp;utm_term=informational&amp;utm_content=mab\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Check out RazorpayX Business Banking+<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Penalties-for-Non-Maintenance-of-Monthly-Average-Balance\"><\/span><strong>Penalties for Non-Maintenance of Monthly Average Balance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since the monthly average balance requirement differs from bank to bank, the penalty charges are also different for each bank. Here&#8217;s a look into what non-maintenance penalties look like for account holders in India&#8217;s top banks.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Name of Bank<\/b><\/td>\n<td><b>Account Type<\/b><\/td>\n<td><b>Non-Maintenance Penalty\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><span style=\"font-weight: 400;\">ICICI Bank<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Regular Savings Account<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6% of the shortfall in required MAB or Rs 500 whichever is lower<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Current Accounts<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 750 &#8211; Rs 3,000, depending on type of Current Account<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Yes Bank<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Current Accounts<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 1,500 per quarter\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">RBL Bank<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Current Accounts<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 1,000 if Quarterly Average Balance is below 50%<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rs 2,000 if Quarterly Average Balance is above 50%<\/span><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><span style=\"font-weight: 400;\">HDFC Bank<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Regular Savings Account<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6% of the shortfall from the average balance requirement or Rs 600 whichever is lower<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Regular Current Account<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs 1,500<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">State Bank of India<\/span><\/td>\n<td><a href=\"https:\/\/www.sbi.co.in\/documents\/16012\/22770835\/150722-Revision+in+Service+Charges+updated+as+on+30062022.pdf\/db73b02d-63f0-fbc9-3c9b-f1a905e4aea2?t=1659079567234\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Current Accounts<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">Rs 500 &#8211; Rs 8,000, depending on type of Current Account<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>*as mentioned in official websites<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Monthly-Average-Balance-MAB-vs-Quarterly-Average-Balance-QAB\"><\/span>Monthly Average Balance (MAB) vs Quarterly Average Balance (QAB)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It&#8217;s important to understand the differences between current accounts with a monthly average balance requirement and those with a quarterly average balance requirement.<\/p>\n<p>QAB offers more flexibility, since the time period is much longer &#8211; allowing for more fluctuations in individual months. Businesses with seasonal income patterns or occasional large disbursements like construction companies working on a project basis would benefit from using a QAB current account.<\/p>\n<p>MAB requires maintaining a specific minimum balance each month, which encourages consistent financial management. MAB accounts also come with added features and better interest rates.<\/p>\n<div class=\"markdown markdown-main-panel\" dir=\"ltr\">\n<p class=\"first-token\" data-sourcepos=\"1:1-1:18\">RazorpayX Business Banking+ partners with ICICI Bank, Axis Bank, Yes Bank, and RBL Bank to provide you with a selection of current accounts for your business.<\/p>\n<\/div>\n<p style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?utm_source=blog&amp;utm_medium=cta&amp;utm_term=informational&amp;utm_content=mab\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Check out RazorpayX Business Banking+<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Benefits-of-Maintaining-Monthly-Average-Balance\"><\/span>Benefits of Maintaining Monthly Average Balance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"markdown markdown-main-panel\" dir=\"ltr\">\n<p data-sourcepos=\"1:1-1:89\">Maintaining a monthly average balance (MAB) in your account can offer several advantages:<\/p>\n<p data-sourcepos=\"3:1-3:325\"><strong>Financial Discipline:<\/strong> The requirement to keep a minimum average balance can nudge you to be more mindful of your spending. You&#8217;re less likely to make unnecessary withdrawals if you know it might affect your MAB and trigger penalties. Over time, this can lead to better budgeting habits and potentially increased savings.<\/p>\n<p data-sourcepos=\"5:1-5:173\"><strong>Earning Potential:<\/strong> Some banks offer higher interest rates on savings accounts with a maintained MAB. This means you earn more money on the funds you keep in the account.<\/p>\n<p data-sourcepos=\"7:1-7:230\"><strong>Access to Perks:<\/strong> Many banks reward customers who maintain a good MAB with benefits like free <a href=\"https:\/\/razorpay.com\/learn\/what-is-atm\/\">ATM transactions<\/a>, waived monthly maintenance charges, or even cashback offers. These perks can help you save money on banking fees.<\/p>\n<p data-sourcepos=\"9:1-9:169\"><strong>Exclusive Products:<\/strong> Meeting the MAB requirement might unlock access to exclusive financial products like higher loan limits or investment options with better rates.<\/p>\n<p data-sourcepos=\"11:1-11:246\"><strong>Improved Creditworthiness:<\/strong> Though not a direct impact, maintaining a good banking history, including keeping a steady MAB, can be a positive factor for your credit score. This can make it easier to secure loans and credit cards in the future.<\/p>\n<p data-sourcepos=\"13:1-13:225\"><strong>Safety Net:<\/strong> Having a buffer in your account through the MAB can be a safety net for unexpected expenses. You&#8217;ll have some readily available funds to handle emergencies without dipping into other savings or incurring debt.<\/p>\n<p data-sourcepos=\"13:1-13:225\"><span style=\"color: #111111; font-family: Roboto, Arial, sans-serif; font-size: 1.6315em; font-weight: bold;\">Zero Balance Bank Accounts<\/span><\/p>\n<\/div>\n<p>If the concept of a minimum balance sounds too daunting for you, don&#8217;t worry.<\/p>\n<p>Banks also offer zero-balance bank accounts without an MAB, meaning accountholders can maintain a nil balance without incurring penalties.<\/p>\n<p style=\"text-align: center;\"><strong>Read more: <a href=\"https:\/\/razorpay.com\/blog\/business-banking\/zero-balance-current-account-business\/\">Zero Balance Accounts &#8211; An Explainer<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Keeping a minimum balance is important, so it&#8217;s important to select the right kind of current account. The ideal current account is a one-stop shop, providing your business with solutions to every financial problem you might face.\u00a0<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/current-accounts\/?r=blog_cta_business_banking_monthly_average_balance&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX!<\/a><\/div>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<div id=\"rank-math-rich-snippet-wrapper\" class=\"\">\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\n","protected":false},"excerpt":{"rendered":"<p>Monthly Average Balance is a very important yet often misunderstood concept in banking. Read on to learn how MAB actually works!<\/p>\n","protected":false},"author":151156542,"featured_media":8338,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3437],"tags":[3581,3589,3588],"class_list":{"0":"post-6441","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banking","8":"tag-business-banking","9":"tag-mab","10":"tag-monthly-average-balance"},"_links":{"self":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/6441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/users\/151156542"}],"replies":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/comments?post=6441"}],"version-history":[{"count":23,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/6441\/revisions"}],"predecessor-version":[{"id":18467,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/6441\/revisions\/18467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/media\/8338"}],"wp:attachment":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/media?parent=6441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/categories?post=6441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/tags?post=6441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}