[Resolved]  IDBI Bank — ECS returned

Address:

Mumbai Suburban, Maharashtra

I deposited amount at 11.30am sharp on[protected] as there was LIC premium of Rs. 1000/- on that date. Evening I found that Bank had deducted Rs. 225/- as ecs Return charges. It seems that they have returned the ECS as there was no balance before 11.30 AM. As there was no specific time limit for ecs clearing. I don't understand the logic behind this.

Is there any guidelines for the same

thanks

Pravin Arondekar
IDBI account Holder