Pay Min Rs150 For More Than 4 Cash Transactions At Top Pvt Banks - Dollar Advisory & Financial Services

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Thursday 2 March 2017

Pay Min Rs150 For More Than 4 Cash Transactions At Top Pvt Banks

Banks including HDFC Bank , ICICI Bank and Axis Bank on Wednesday began charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month. 

ATM intercharge charges have also been re-introduced. The charges would apply to savings as well as salary accounts effective from Wednesday, leading private sector player HDFC Bank said in a circular. 

The bank would also cap the third party cash transactions at Rs 25,000 per day, while cash handling charges would be withdrawn effective on Wednesday, the circular added.

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