NEWS & ADVICE : CREDIT CARDS
HDFC to charge customers after 5 free transactions
By Ankit Sharma
Nov 7, 2014
Print    Email    RSS   

One of the leading private sector banks – HDFC bank has announced that bank has decided to charge its customers after five transactions from its own ATM and after 3 in the metro cities. Till now HDFC is the first one to charge the customers for making transactions from its own ATM. The rule will applicable from 1st December,2014.

Banks are free to limit the free transactions as per their convenience. Hitherto ICICI bank has allowed its customers to enjoy unlimited free transactions from its own ATM. Usually other banks are not charging customers for making transactions from their own banks. For salary and savings account customers the bank has planned to charge Rs 20 and Rs 8.5 plus taxes per transaction for non-financial transactions, such as balance enquiry, change of PIN, mini statement, etc.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Credit card or debit card: Which one...
Know the Reasons for Rejection of a Credit...
Deter & detect ID thefts: Keep your...
CIBIL and its role in credit risk management
Gift Cards - perfect gifts for all occasions!


750344_8221,...
750344_8221,...
750344_8221,...
what is my credit card statement
i forgot my ATM pin number i could i get it again
how to improve my CIBIL score???

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive