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HDFC, ICICI, Axis bank to charge after 4 cash transactions a month

HDFC, ICICI, Axis bank to charge after 4 cash transactions a month

Thursday, March 2, 2017, 9:28 AM

HDFC Bank, ICICI Bank and Axis Bank will start charging its customers a minimum of Rs 150 per transaction, for cash deposits and withdrawals beyond the four free transactions a month. The charges will be levied on savings as well as salary accounts, which will be effective from March 1. The third-party cash transactions would be capped at Rs 25,000 per day.
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