August 26, 2009
From August 24th Onwards ICICI Bank started charging the transaction charges for any NEFT payments. Even ICICI to ICICI and any other banks also. The service charge is Rs.5 and applicable service tax based on the how much amount you are transferring. This is realy bad news for people who use the netbanking extensively.
Below is the message which you will see when you are doing the ePayment.
[...] ICICI Bank Charges for NEFT Transaction [...]
[...] the banks started adding more burden to the customers. ICICI started charging for every online tranaction you have made from your netbanking. It is not good as the RBI is just bending for all the bank [...]
[...] I have written about the NEFT transaction charges levied by the ICICI bank. Also I mentioned in that article that charging for the online transactions are not good option [...]
[...] our previous articles I have written about the NEFT charges by ICICI Bank. Later they have withdraw the charges. It is known that SBI bank is already charging for the online [...]
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February 22, 2011 at 9:26 pm
From now onwards, let us all make transfers using cheques only. We may have to do it little earlier than online transfer as it takes time, but
If done on large scale, this will definitely ring a bell to them with the extra effort involving processing of a cheque
February 23, 2011 at 12:49 am
When I made an online fund transfer (NEFT), I had to accept the Rs. 5 deduction clause. However, my transaction history page does not show a deduction of the Rs. 5 (or any other additional amount by way of service tax) — it only shows the amount I had transfered. I am now confused what that clause actually meant when it asked me to confirm the deduction or cancel the fund transfer. Is this an error on part of ICICI bank? Or is this an indication of future steps that ICICI online fund transfer is going to take? Or have I already been charged, and the deduction will show up in my transaction history eventually?
Can anyone help me with some insight? Thanks!
February 25, 2011 at 1:32 am
it will be charged when the amount is transferred
June 30, 2011 at 11:44 pm
can i got my doller amout into rupees by icici bank account if yes , what do i do?