My account was charged for not maintaining the minimum balance. What should I do next?

Now I have charged 9500INR.

Rs 9,500 for non maintenance of balance is quite high. Are you sure you got charged for this amount?

So what should I do now, Does this affect me in future?

Visit the Branch and Request the charges be waived off. Close the Bank Account or open a no frills account that does not require minimum balance.

WHAT? Rs. 9,500 that's too much.

The RBI has made it clear through a circular issued in 2014 that accounts of all student beneficiaries under the various Central/State Government Scholarship Schemes should be free from restrictions of minimum balance and total credit limit.

You may open a ‘Basic Saving Bank Deposit (BSBD) account’, that provides normal basic banking services without the requirement of any minimum balance.