Kumari Palany & Co

Increase in charge of cash transaction and other banking services

Posted on: 01/Apr/2017 2:03:45 PM
Starting from 1st March 2017, there is increase in cash transaction charges with private banks like Axis, HDFC and ICICI. From 1st April, the largest banker SBI will also introduce the same.
 
There will be 3 free cash deposit transactions for SBI savings account holders. All transactions made beyond this will be charged Rs 50 with service tax extra.