Attention Deposit Holders : Banks to Charge For Deposits & Withdrawals From November 1

Customers in some banks will now have to start paying fees for deposit and withdrawal of money.

Attention Deposit Holders : Banks to Charge For Deposits & Withdrawals From November 1
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Customers in some banks will now have to start paying fees for deposit and withdrawal of money. As per reports, Bank of Baroda will start charging its customers for transactions beyond the prescribed limits from November 1. 

Names of other banks like Bank of India, PNB, Axis Bank and Central Bank are also emerging in reports, but they are yet to take a final call on the matter. 

As per reports, some of these transaction charges will kick in from November 1.

Similarly, deposits three times in a month will be free but thereafter a charge of Rs 40 will be levied on each transaction.

“Modi Sarkar ka naya kamar tod tohfa. Ab jhud ka paisa bank mein jama karwane aur nikalwane par bhi bank karenge vasooli (now one’s own money will be charged for deposits and withdrawals by banks),” Surjewala said.