Table of Contents
Can non maintenance charges be refunded?
Cash withdrawal – Rs. 20 plus taxes as applicable per transaction. Non-Financial Transaction – Rs….DD request through Netbanking.
| Rs. 50 plus charges as outlined below: | |
|---|---|
| Upto Rs. 500 | Rs. 10 |
| Above Rs. 1000 to Rs. 5000 | Rs. 25 |
| Above Rs. 5000 to Rs. 10,000 | Rs. 30 |
| Above Rs. 10,000 |
What will happen if minimum balance is not maintained?
2) If customers are unable to maintain the monthly balance limit, the bank will levy a penalty of Rs 10 per Rs 100 of the shortfall. The non-maintenance of monthly minimum balance charges will be in the range of Rs 50 to Rs 800, the lender said.
Can I close HDFC account online?
Currently, you can not close your bank account online. However, you can download the account closure form from the HDFC website and visit the branch to close your account.
What happens if I dont maintain minimum balance in Indian bank?
In case the minimum balance is not restored within a reasonable period, which shall not be less than one month from the date of notice of shortfall, penal charges would be recovered under intimation to the account holder.
What happens if I don’t maintain minimum balance in HDFC Bank?
For your question if you don’t maintain minimum balance in your HDFC or any saving account in any bank, they are going to levy charges on the same. It will be on everyday basis. The amount of charge levied depends on bank to bank. you must get the update from bank on the same.
How can I get the HDFC Bank fee reversed?
Study economics for business with MIT. Gain a global economic perspective to help you make informed business decisions. The only way to get the correct answer to this question is for you to contact the HDFC Bank in person, by phone or by Internet, and ask them why they reversed this fee.
How can I Close my HDFC bank account after regularization?
If you continue to maintain the account in such a manner, the branch has the power to close your account. This can be done after giving you adequate notice and time to regularize your account. Simple they will charge you for non maintenance of balance. Which is not specific to HDFC Bank but for all other bank including SBI.
What is the minimum AQB required by HDFC Bank?
In rural branches, HDFC Bank customers are required to maintain an average quarterly balance (AQB) of ₹ 2,500 to avoid penalty charges. Customers holding a fixed deposit of ₹ 10,000 and above for a minimum term of one year and one day are also exempt from the penalty charges, according to the HDFC Bank website.