not on all accounts. My friend has a salary account with ICICI in Pune, and for that particular company they charge even NEFT at 5 bucks since last 1.5 years
On what charges will be applicable will depend on the AQB, on weather it is a salary account or not and god knows wat
Banks are doing this to discourage cash deposits which is a good thing in a country like India
SBI does charge 5bux for NEFT but there is no service tax on this.
Federal bank is one of the few that wont charge anything for cash deposits. They also wont charge anything for NEFT transfers
heeloo everybody
HDFC took 1200 as fine for not maintaining the Quarterly balance of 25000
without any intimation and i was not told abt this heavy fine before when i started the new account also
Union Bank of India, SBI and other government banks charge Rs. 25 as cash deposit charges but, private banks charge too much. I have opened and account with IDBI Bank with Zero charges