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HomePersonal FinanceBank New Charges: Big news! HDFC Bank will charge more for depositing...

Bank New Charges: Big news! HDFC Bank will charge more for depositing money in the account, know new charges

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HDFC Bank Charges: The charges increased by the bank will be implemented from November 1. This charge on cash deposit will be levied after the free limit is exhausted.


HDFC Cash Deposit Charges: If your account is also in the country’s largest HDFC Bank in the private sector, then you must be updated about this news. The bank has crores of customers and they do transactions every day. After increasing the interest rate on MCLR based loans by the bank last day, now the bank has decided to increase the charges on cash deposits. The increased charges by the bank will be implemented from November 1. This charge on cash deposit will be levied after the free limit is exhausted.

Charges will be applicable on such accounts,
as per the information given on HDFC Bank’s website, most of the charges are Current Account, Asset Current Account, Active Current Account, Plus Current Account, Premium Current Account, Regular Current Account, E-Commerce Current Account, Professional Current Account, Agri Current Account, Trade Current Account, Flexi Current Account, Hospital / Nursing Home, Merchant Advantage Current Account etc.

The new charges will be applicable from November 1,
after the first free limit on behalf of the bank, Rs 3 per thousand or at least Rs 50 was charged on a transaction. But now from November 1, Rs 3.5 per thousand will be charged by the bank. However, the charge per transaction is only Rs 50.

No change in savings account charges
HDFC Bank has also increased the charges for current account holders who have availed certain services. However, there was no change in the charge on the savings account from the bank. Let us tell you that earlier Axis Bank, SBI, ICICI Bank and Federal Bank have increased the interest rate based on MCLR.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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