[Resolved]  HDFC Bank — . ach debit return charge

Aug 19, 2019

HDFC Bank Customer Care's response Dear Customer,

We have checked our records and confirm that the charges levied to your account pertain to ACH debit return. In terms of Clearing guidelines, issued by RBI, the clear fund's balance available in the account at the beginning of the day would be considered for the purpose of ACH(s) received in the clearing. We note that in your said account, the clear fund's balance at the time of presentation of the said ACH(s), was not sufficient to cover the ACH(s) received in the clearing. Therefore the ACH(s) was returned due to insufficient funds and the corresponding charges for ACH(s) dishonor were levied to your account. Kindly note that these charges attract GST as applicable. We advise you to maintain sufficient clear funds balance in the account in the future, at the time of issuance of the ACH(s), to avoid the ACH(s) return charges being levied to your account.

-Nadia
HDFC Bank Customer Assistance