HDFC Bank — 3rd party cash txn inc st & ec

Address:

New Delhi, Delhi, 110092

Hello everyone !! On my Email query on this issue, I am explained with the following reason: "To deter indiscriminate deposits and to offer the service in a controlled manner, third party cash transactions are permitted at a nominal charge. Levy of this service charge, as with all other service charges levied by the Bank, is at the sole discretion of the Bank. Third Party cash transactions (deposits and withdrawals), at any branch through teller counters, would be accepted in Savings accounts up-to a limit of Rs.50, 000 per transaction per day. This service would be offered at a nominal charge of Rs.100 per transaction, plus applicable taxes irrespective of the amount deposited/withdrawn."