Axis Bank — Axis Bank - unfair charges | |
Hi, I have a salary account # [protected] with Axis Bank (mumbai) from December 2008 onwards. I just happened to log on to my account online and I was shocked to see that an amount of Rs 1420 has been debited from my account by the bank for something called Consolidated Charges for the Account. I called the phone-banking guys who told me that I am entitled to only three transactions in a month and for my fourth and every subsequent transaction thereon, I have been charged at Rs 50 + service tax.. I have held salary accounts with other banks in the past too and a ridiculous charge for debit swipe, cheque clearance or deposit and internet transactions is something that I haven’t heard before. Unfortunately this is a salary account and I don’t have a choice to shut the account but I want to know if a bank is even authorized to levy a charge like this on its customers.. ? Pls help Regards Vanshika Was this information helpful? | |
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I also Suffered the same way an unfair practice is being adopted, Charges are levied
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CON CHARGES
By: faisal04 | Apr 14, 2009 02:54 PM (Updated Apr 15, 2009 04:52 PM)
Phone Banking:
ATM Service:
Internet Banking:
Customer Service:
Member's Rating:
Member's Recommendation: No
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Rated by 3 members
MouthShut Product Rating:
Recommended by
33% members
Pros:
NOTHING
Cons:
Con BANK
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I am working for a real estate company called Silverline Realty since July last year and our salary accounts are at AXIS BANK Cox Town branch.Up yo mid March I had no reason to complain, BUT on March 30
when I went to withdraw Rs.15000 from the ATM, I found that the funds were insufficient.I pulled out the mini statement and to my horror realised that the bank had KNOCKED OFF Rs, 3600 as CONSOLIDATED CHARGES AND RS.367 as Service Tax from my account.I rushed to the branch to enquie, met the manager, But she said she wasnt in a position to help me before First week of April
I reahed office and asked the other employees about their accounts and realised all of them had been fleeced .The company wrote to the bank and got a reply saying details will follow but we havent heards from them yet..Now the company is left with no choice but to close the account, but those o[censored]s who suffered losses are not compensated
.I am thinking of taking legal action
By: faisal04 | Apr 14, 2009 02:54 PM (Updated Apr 15, 2009 04:52 PM)
Phone Banking:
ATM Service:
Internet Banking:
Customer Service:
Member's Rating:
Member's Recommendation: No
Read 50 times
Rated by 3 members
MouthShut Product Rating:
Recommended by
33% members
Pros:
NOTHING
Cons:
Con BANK
Bookmark and Share
I am working for a real estate company called Silverline Realty since July last year and our salary accounts are at AXIS BANK Cox Town branch.Up yo mid March I had no reason to complain, BUT on March 30
when I went to withdraw Rs.15000 from the ATM, I found that the funds were insufficient.I pulled out the mini statement and to my horror realised that the bank had KNOCKED OFF Rs, 3600 as CONSOLIDATED CHARGES AND RS.367 as Service Tax from my account.I rushed to the branch to enquie, met the manager, But she said she wasnt in a position to help me before First week of April
I reahed office and asked the other employees about their accounts and realised all of them had been fleeced .The company wrote to the bank and got a reply saying details will follow but we havent heards from them yet..Now the company is left with no choice but to close the account, but those o[censored]s who suffered losses are not compensated
.I am thinking of taking legal action
http://www.mouthshut.com/review/Axis_Bank_-_formerly_UTI_Bank[protected].html
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