Banks To Start Charging Rs. 150 After 4 Free Cash Transactions A Month

From March 1 Some Private banks including HDFC Bank, have begun charging a minimum amount of Rs. 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month. The new charges are applicable 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The bank would also cap the third party cash transactions at Rs. 25,000 per day, while cash handling charges would be withdrawn effective Wednesday, the circular added.

You may also like...