Payments Banks allowed to hold Rs 2L balance per customer Payments Banks allowed to hold Rs 2L balance per customer Last Updated: Wed, Apr 7th, 2021, 15:20:40hrs Mumbai: In a major boost to operations of the Payments Banks, the Reserve Bank of India on Wednesday doubled the limit of maximum balance that an individual customer can hold with them. Accordingly, Payments Banks can now hold a maximum balance of Rs 2 lakh per individual customers at the end of the day. The Guidelines for Licensing of Payments Banks issued on November 27, 2014 allowed such banks to hold a maximum balance of Rs 1 lakh per individual customer earlier.