I have a salary account with hdfc bank. I have started with sip in mutual funds (Paytm money app) using auto-pay option. But i didn't have sufficient balance in sip date so i have been charged ach debit return charges on 26/10/2021 of Rs. 649, 649, 590 and 17.92 (4 times on same day) and again on 28/10/2021 of Rs.631.07, 531 (2 times on same day) total 3067.99Rrs is deducted from my account.
I have called customer care and they told me that this amount is deducted because of payment bounce.
I have never been informed that this would be charged due to lack of funds. What are these charges for! Why are they so high. It is not a debt i have to pay. It is SIP. How can you inculcate habit of regular savings if you penalise so harshly for not having balance.
Hdfc bank has to return this money. There was no intimation from the bank on the consequences of not keeping sip amount in account.
Please help me resolve this. People are losing trust in public banks and now these banks also!!!. Although it doesn't make a difference to hdfc bank for sure, If auto debiting is a service you provide as a bank, then it is your duty to inform me of the charges for the same. Heights of fraud. You must give me a warning that if funds are insufficient you will be charged. Nothing was there.
Please please help me resolve this and return my money.
HDFC Bank customer support has been notified about the posted complaint.
I'm N.v.v.v.prasad from Andhra pradesh. My request with regards to HDFC bank credit card payment. Since 3 months I've been following up customer care and sent many emails to "[protected]@hdfcbank.com" for cancel the restructured EMI for my credit card. They are not responding it properly and simply respond, it would resolve in 48 hours. Please look into this issue and resolve ASAP.
Credit card no : last 4 digit 3133