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    ConvenienceFees PDF

    Uploaded by

    Prasad Jakkampudi
    A bank is introducing a convenience fee of Rs. 50 per cash deposit transaction made through cash deposit machines for domestic and non-resident savings and salary accounts done after hours or on bank holidays. Previously there was no fee for these cash deposit machine transactions, but now a Rs. 50 fee per transaction will apply to all savings schemes, excluding priority, burgundy, basic, and small savings schemes.

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    ConvenienceFees PDF

    Uploaded by

    Prasad Jakkampudi
    17 views1 page
    A bank is introducing a convenience fee of Rs. 50 per cash deposit transaction made through cash deposit machines for domestic and non-resident savings and salary accounts done after hours or on bank holidays. Previously there was no fee for these cash deposit machine transactions, but now a Rs. 50 fee per transaction will apply to all savings schemes, excluding priority, burgundy, basic, and small savings schemes.

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    ConvenienceFees (1).pdf

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    A bank is introducing a convenience fee of Rs. 50 per cash deposit transaction made through cash deposit machines for domestic and non-resident savings and salary accounts done after hours or on bank holidays. Previously there was no fee for these cash deposit machine transactions, but now a Rs. 50 fee per transaction will apply to all savings schemes, excluding priority, burgundy, basic, and small savings schemes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    17 views1 page

    ConvenienceFees PDF

    Uploaded by

    Prasad Jakkampudi
    A bank is introducing a convenience fee of Rs. 50 per cash deposit transaction made through cash deposit machines for domestic and non-resident savings and salary accounts done after hours or on bank holidays. Previously there was no fee for these cash deposit machine transactions, but now a Rs. 50 fee per transaction will apply to all savings schemes, excluding priority, burgundy, basic, and small savings schemes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Introduction of Convenience Fee on Cash Deposit Transactions done at Cash Deposit

    Machines

    It has been decided to introduce a convenience fee of Rs. 50 per instance on Cash Deposit
    transactions done through Cash Deposit Machines for Domestic and NR, Savings and Salary
    Schemes, after banking hours (i.e. Between 5:00 pm to 9:30 am) and on Bank Holidays.

    Fee type Existing fee Revised fee

    Convenience Fee on Cash


    Rs.50 per transaction for all Savings
    Deposit Machines for Cash Nil
    Schemes*
    Deposit transactions

    * Note: Priority, Burgundy, Basic and Small Savings schemes will be excluded from above
    changes`

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