HDFC BANK
IMPORTANT NOTICE
REVISION OF FEES AND CHARGES – SAVINGS & SALARY ACCOUNTS
(EFFECTIVE 01st March 2017)
Effective 01st March 2017, cash transaction charges for Savings and Salary accounts are being revised as follows:
| Sr. No | Charge Type | Revised charges |
| 1 | Number of Cash transactions(Cumulative of Deposit and Withdrawal) |
4 free cash transactions per month 5th transaction onwards – Rs.150/- per transaction (plus taxes & cess) would be levied SB Max Customers– 5 free cash transactions per month, 6th transaction onwards – Rs.150/- per transaction (plus taxes & cess) |
| 2 | Value of Cash transactions(Cumulative of Deposit and Withdrawal) |
Home Branch: 2 lakh —Free per month per account. Above 2 lakh—Rs.5/- per thousand or part thereof, subject to a minimum of Rs.150/-(plus taxes & cess) Non-Home Branch: Cash transactions value upto Rs.25,000/- per day –No charge Above Rs.25,000/- —Rs.5/- per thousand or part thereof, subject to a minimum of Rs.150/- (plus taxes & cess) |
| 3 | Third party Cash transaction (Cumulative of Deposit and Withdrawal) |
Upto a limit of Rs.25,000/- per day —Rs.150/- (plus taxes & cess) Above Rs.25,000/- not allowed For Senior Citizen customers, Kids/Minor Accounts, while the limit of Rs.25000/- per day will be applicable , the accounts will not be charged |
| 4 | Cash Handling charges | Withdrawn effective 01st March, 2017 |
(Above charges not applicable to Prime, Classic, Preferred, Impede or any other Managed program customers) (Number cap for BSBDA accounts remains unchanged in line with regulatory guidelines – Cash w/d – 4 free per month, Cash deposit – Free , Charges are applicable over and above the free number & value limits are applicable as per grid above)
For further details – please visit our website – www.hdfcbank.com or contact the Branch/Phone Banking
In the coming years, Jobs in banks will be reduced due to transaction limits and digitization of payment methods, ultimately it will increase the unemployment.