News Item on Service Charges
News Item on Service Charges
Savings Bank Account
Statement in social media that only 40 cash deposit/withdrawal transactions
in a year are free, is not factual.
Statement that only 4 ATM transactions in a month are free, is also not factual and the undernoted table clarifies the position.
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Free Transactions month Vear (No. of Txns) | (No. of Txns) Cash Deposit 3 36
Cash Withdrawal 2 24
Own Bank ATMs 5 60
Other Bank ATMs 5° /5** 36*/60 Total free Cash Txns 157/15" * 1567/180 Cash Deposit in CDM FREE FREE through Debit Card
Though there is a revision in service charges of the Bank from 01.10.2019 in few areas, we have not reviewed the charges referred in the social media.
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