[Resolved]  HDFC Bank Bank Mutual Fund Account — ISAQMC-ST-EC Charges by HDFC Bank <>

Address: Hyderabad, Andhra Pradesh

Hello HDFC Bank,

I have been leived the following changes for using the Netbanking Mutual fund account.

When is this started to bang us with every quater, this is not a trading account:

ISAQMC-ST-EC Jan-Mar[protected] Feb[protected].30

ISAQMC-ST-EC Oct-Dec[protected] Nov[protected].30

Tried reaching Customer care and it is of no help they only ended up with sending us from Banking Section to Mutual Fund Section and Mutual Fund Section back to Savgins accont.

I indeed know by the time of opening online purchase account u took 100 Rs from me. and then there was no such deductions till the above months of Nov and Feb.

Can you pay attention to it and advise why you are collecting this amount????
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Aug 13, 2020
Complaint marked as Resolved 
 
26 Comments

Comments

Even I am charged with same reason. How to stop this
Beggar HDFC Bank I am not having job for past 5 month my bank balance is very less you charged me 295 ISAQMC beggar HDFC bank
fraud, cheater HDFC charged me also 5 time 295... ### dhfc bank. .. am going to complain in consumer FORUM.
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ISAQMC-ST-EC Charges by HDFC Bank <<Critical, Customer Care is of no help >> - Comment #3542084 - Image #0
Jaswinder Teja's reply, Sep 23, 2019
good
Hello Milind Kolekar. I appreciate you taking time to comment. But know one thing. I haven't ever asked for nor did know that HDFC has a seperate way of levying charges on customers using this Mutual Fund. When i deliberately asked the Executives to show me where did i sign or provided my consent of opening the Mutual Fund account, they had no answer. Know one thing. These bank executives come to the companies for opening Salary accounts and are inculding it as a part of opening the accounts without even letting the employees know. And they are silently levying charges month after month. I have been charged 1100 Rs last 3 months with multiple transactions reflecting these charges with each of the transaction amounting 100 plus rupees. If these many people are complaining, it means that the issue is happening. So i request you to please check your HDFC bank account too if you hold one and see if you also have been charged.
ISAQMC - This is worse, it happen all the time in spite of telling the banker. I went to the bank four times to stop the madness. Still, they repeat the same. Charging 295 every time! I need the money back with interest.

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