NEWS & ADVICE : FIXED DEPOSITS
HDFC Bank to levy more charges on customers
By Neelima Shankar
Jan 11, 2012
Print    Email    RSS   

Leading private sector lender HDFC Bank has introduced some new penalties that it will levy on its customers. A few other banks have also taken similar steps in order to maintain their share of profit.

The bank will now levy charges from the customers if the account is non-operational or in case of the amount of deposited cash is over Rs. 1 lakh.

In a notification to the customers, the banks said, "The bank will levy a charge of Rs 50 on inoperative account. This charge is applicable across savings and current account on per quarter basis."

There are several other charges that the bank has announced to levy from the customers.


 


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

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Sweep in to Auto Sweep savings A/c
Know about corporate fixed deposits
Carnival of Indian Personal Finance Blogs #4
Gold ETFs or Gold Funds: Which One Should...
Carnival of Indian Personal Finance Blogs #2


Sakeela.CaℒL Giℛℒs In Kharar 0985566O911...
NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive