HDFC Bank charges for NEFT Transactions
- 6 Comment
In 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 transactions. Nowadays many banks started looking for the new ways to make money from the online account. It is obviously not good for the customers, who can save lot of time by doing the online transactions.
Now it is the time for HDFC bank to roll out the new charges for NEFT transaction. They have clearly mentioned in the site’s home page itself. It reads as
Update: No Charges if you have salary account with HDFC
- Effective 16th January, 2010, NEFT transactions on NetBanking would be charged as below:
- Upto Rs. 1 lac. – Rs. 5 (inclusive of taxes) per transaction .
- Rs. 1 lac and above – Rs. 25 (inclusive of taxes) per transaction.
- Effective 16th January, 2010, RTGS transactions on NetBanking would be charged at Rs. 25 (inclusive of taxes) per transaction.
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6 Comments on this post
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Sath said:
This is not applicable if you have salary account with HDFC Bank. My employer confirmed it.
February 3rd, 2010 at 4:20 am -
krishnas said:
Hello Sath,
The information provided by you is very useful. Thank you for the information.
Thanks,
KrishnaFebruary 3rd, 2010 at 4:23 am -
Vijendra Kumar H. said:
Yes this is true. Even though RBI is giving this service for free to all the banks till 31st Mar 2010, banks have already started charging for this service. SBI came first in charging and now HDFC
Infact banks save money as these kinds of transactions avoid branch transactions which require man power…still don’t know why banks charge February 10th, 2010 at 5:55 am -
debkumar said:
This is indeed a bad news for those who transfer money on line. I am a victim of this today, I don’t know why HDFC charges for netbanking we are esponsible for the service, we are doing the rest of the job, not HDFC, other private sectors like ICICI & KVP it’s free but HDFC is charging. Is it an extra-ordinery bank in India?
I am thinking withdrawal all my money from HDFC and to put in ICICI,
i am a salary account holder but still they have charged the amount. We should not give then a single penny, what we deserve we will take it back.It’s indeed a bad news.
March 3rd, 2010 at 5:13 am -
Sohny said:
“Update: No Charges if you have salary account with HDFC”
Only for specific companies this applies
March 19th, 2010 at 3:40 am -
Tushar said:
This is a older post, please send only the latest & updated articles…
May 11th, 2010 at 8:48 pm
