Rs 150 levy at HDFC, ICICI, Axis: Here is how it works


hdfcThe entire nation has been talking about the Rs 150 minimum charge to be levied by the banks for cash deposits and withdrawals. The charge would be applicable at branches after four free transactions per month.

The three banks, HDFC, ICICI and Axis will calculate the fee at the rate of Rs 5 for every Rs 1,000 transacted or 150, whichever is higher.

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