You Need to Know This: Minimum Balances in Indonesia for BCA, BNI, BRI, and Bank Mandiri


PROGRES.ID – One of the crucial pieces of information that the public needs to be aware of is the minimum balance required to open a savings account with the products offered by banks. This information is essential because it can be a deciding factor when someone intends to open a bank savings account.

Every bank offers savings products with varying minimum balances. The minimum balance serves as security in case the account holder does not carry out active transactions. Consequently, the bank can utilize this balance to cover transaction fees.

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If the balance in your savings account falls below or is equal to the minimum balance set by the bank, you won’t be able to withdraw funds from that account. Therefore, it is imperative for customers to be aware of the minimum balance required for the savings product they intend to choose before opening an account.

Each bank has its own policies for determining the minimum balance required for customer savings accounts. Moreover, even within a single bank, different types of savings accounts may have varying minimum balances.

Here are the minimum balance requirements for some of the major banks in Indonesia:

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