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From public sector lender State Bank of India (SBI) to its private sector peers HDFC Bank and ICICI Bank, most banks have fixed their own average monthly balance requirements, which vary depending on factors such as branch location. The amount of penalty in case of non-compliance varies in different branch locations, based on factors such as the degree of shortfall.

SBI FD Rates: Currently, in 7-45 days FD tenor, SBI pays an interest rate of 5.75 per cent to general public and 6.25 per cent to senior citizens.

According to the current Income Tax (I-T) law, a taxpayer can claim maximum tax deductions of up to Rs 1.5 lakh under Section 80C in a financial year.

PAN or Permanent Account Number is a ten-digit alphanumeric identifier issued by the Income Tax Department. Each assessee - such as an individual or a company - is issued a unique PAN. Subscribers can submit an online request for requesting a change in the communication address fed into the PAN database. This can be done through an online facility provided by depository National Securities Depository Limited (NSDL) on its e-governance website, tin.nsdl.com. The Tax Information Network (TIN), an income tax initiative, processing any changes in the communication address requested by a PAN holder.

The original due date for assessees - including salaried taxpayers and entities not required to get their accounts audited - to file their income tax returns for financial year 2018-19 (assessment year 2019-20) was July 31, 2019

Aadhaar card: Person willing to enrol is required to provide minimal demographic and biometric information during the enrolment process, which is totally free of cost.

Online SBI internet banking: From July 1, SBI waived its charges on RTGS and NEFT transactions initiated through online banking and YONO. From August 1, the country's largest bank has decided to waive its charges applicable to IMPS transactions initiated through net banking, mobile banking as well as mobile app YONO. From the same day, it has also decided to waive the charges applicable to IMPS transactions up to Rs 1,000 initiated through bank branches.

Banks also offer savings accounts which do not require customers to maintain any particular minimum balance

According to the Income Tax Department, online applications for PAN card can be made through either of the websites of NSDL (National Securities Depository Limited) and UTITSL.

PAN card form 49A: Besides a complete form 49A and two photographs, the applicant is required to also submit documents such as proof of identity, proof of address and proof of date of birth (DoB). For example, a copy of driving license or passport serves as a valid proof in any of the three categories of documents, according to the Income Tax Department's website (incometaxindia.gov.in).

Aadhaar card update online: An online facility provided by the UIDAI enables Aadhaar holders to make changes to the address fed into its database using an OTP- or one-time passcode-based verification method through the person's registered mobile number. For other updates in the Aadhaar card, users are required to visit the nearest Aadhaar center, said UIDAI on its official website- uidai.gov.in.

According to the Income Tax Department, online applications for PAN card can be made through either of the websites of NSDL (National Securities Depository Limited) and UTITSL(UTI Infrastructure Technology And Services Limited).

PAN card online apply: A PAN card holder need not file an income tax return (ITR) on a mandatory basis unless he/she is liable to file one under Section 139 of the Income Tax Act. A PAN card applicant is required to pay a fee of Rs 93 (excluding GST). One can apply for a PAN card online as well as offline (by visiting a PAN centre).

PAN Card rules 2019: PAN or Permanent Account Number is a 10-digit alphanumeric identification number is issued by the Income Tax Department to assessees including individuals and charitable trusts. The Income Tax Department has on its website - incometaxindia.gov.in - described the entities who are required to obtain a PAN.

Banks also charge a penalty from customers who fail to maintain an average monthly balance in their savings account