If you’re an HDFC customer, this is going to hurt your pocket
As per a news report by The Economic Times, customers will now have to pay Rs 750 for an HDFC Bank platinum debit card against the current annual fee of Rs 500, while a
However, high-networth individuals (HNIs) and corporate salary account customers holding
The ET news report elaborated, an HDFC Bank customer will have to pay Rs 5 for every fund transfer up to Rs 10,000 from May 15 for an IMPS. The current charge is Rs 3.5 for such a transaction. Charges remain unchanged between Rs 5 and Rs 10 for the higher quantum up to Rs 2 lakh.
"All these steps may help generate fee income for the bank, but wouldn't add significantly to profits," Dinesh Shukla,