Revision of Fees and Charges- Saving & Salary Accounts (wef 1 March 2017)



Revision of Fees and Charges- Saving & Salary Accounts (wef 1 March 2017)

Hello Readers,

This news is about the recent changes/revision in fees and charges of saving and salary accounts. Now consumers have to pay fees to even deposit their money at banks. See the Image for more details.


Highlights of the recent changes: (wef 01-03-2017)

  1. There will be only 4 free transactions per month (Deposit or Withdrawal both counts as transactions)
  2. There will be a charge of Rs. 150 after 5th transaction (Plus taxes & cess)
  3. Value of Free Cash transactions will be upto 2 lakhs per month in home branch.
  4. Above two lakhs there will be a charge of Rs.5/- per thousand (Minimum Rs. 150) home branch.
  5. Value of Free Cash transactions will be upto 25,000 (Twenty Five Thousands) per month in non home branch.
  6. Above 25,000 there will be a charge of Rs.5/- per thousand (Minimum Rs. 150) non home branch.


Click on Image for HQ Image


Click Here for Official Notice from HDFC Bank

Note: This is not an official information from RBI. Please confirm it with your Bank/Post Office.

(We have confirmed news from some banks)

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Revision of Fees and Charges- Saving & Salary Accounts (wef 1 March 2017) Revision of Fees and Charges- Saving & Salary Accounts (wef 1 March 2017) Reviewed by Admin on 10:23:00 PM Rating: 5
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