Banks: Charges on inoperative accounts & cash deposits
Moneylife Digital team 03 February 2012

If you are an account-holder of HDFC Bank, be prepared to pay Rs50 per quarter for a non-operational account of over a year and Rs25 for depositing cash of over Rs1 lakh. The Bank’s order came into effect from 1st January. Though there is no cash-handling fee for deposits of up to Rs1 lakh in a day at the home branch for ‘non-managed customers’, amounts above this level will attract a charge...

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