HDFC Bank Increase Average Quarterly Balance (AQB) requirements for Savings Account Holder
HDFC Bank Increase Average Quarterly Balance (AQB) requirements for Savings Account Holder
HDFC Bank Increase Average Quarterly Balance (AQB) requirements for Savings Account Holder.The AQB for all Savings Regular accounts will be revised effective 1st April, 2010. The revised AQB will be as follows:
Savings Regular account – Rs. 10,000 for Metro/Urban branches and Rs. 5,000 for Semi-urban/Rural branches
Kids Advantage account – Rs. 5,000 for all the branches
Senior Citizen account – Rs. 5,000 for all the branches
The revision is not applicable to customers who are a part of Corporate Salary/Imperia/Preferred/Classic programmes. For any further clarifications, you are requested to contact PhoneBanking or visit the nearest branch.
July 23rd, 2010 at 11:10 am
you have wrongly deducted Rs 827.25 from my account no
00061000231503 as I am already 61 [ birth date
31-5- 1949] I do not understand that without the complete information with you why you have deducted the amount.In the case of senior citizen the required balance is Rs 5000/only
July 30th, 2010 at 6:46 am
THEY JUST WANT SERVICE CHARGES FROM ALL CUSTOMERS
August 11th, 2010 at 6:10 am
How can HDFC Bank revise the charges for their existing account holders ? Today its revised to 10000, tomorrow it could be Rs 20000 and so on… Very easy policy : Get hold of a customer by offering him lolipops like No minimum balance, Free account rep and all sort of available freebies on earth and once he becomes your customer JUST MILK HIM. HDFC Bank you can’t get a better cow then this !! YOU DON’T BOTHER WHETHER TO ASK A CUSTOMER WHETHER YOUR “REVISED CHARGES” ARE ACCEPTABLE TO THE CUSTOMER OR NOT !!
THE LEAST THAT YOU COULD DO AND ETHICS DEMAND TEH SAME – NOTIFY THE CUSTOMER BEFORE HAND AND REQUEST HIM TO CLOSE THE ACCOUNT BEFORE YOU START LEVYING THESE CHARGES.
JUST SEE THE CALCULATIONS FOR 100,000 AFFECTED CUSTOMERS AND HOW MUCH HDFC’S CHARGES ACOCUNT GETS BLOATED
827.25 X 100,000 = Rs 8,27,250000
AN AMOUNT OF COOL RS 8 CRORES+ FOR THE BANK KITTY AND JUST RS 827.25 FOR EACH CUSTOMER.
THATS CALLED ECONOMICS.
IT HAPPENS ONLY IN INDIA
JAI HAND !
October 27th, 2010 at 8:33 am
I was not aware of this , i rarely used to operate my HDFC A/C, i seee that HDFC has levied a fine of Rs 800 for not maintaing AQB.
Its pure cheating.
January 8th, 2011 at 2:04 am
HDFC bank has deducted 825 rs from my savings account… As i had asked in the branch they told the min bal should be 5000 rs, so i maintained that, so after some days they deducted money from my account of 825 rs because of no AQB.. So plz kindly help me anybody to solve all these fraud fines deducted by banks… Plz anybody give advice whome to approach to get my money back…
January 17th, 2011 at 3:43 am
What is the AQB its meen Daily or Monthly or Quartly blance in Account. please clear.
June 15th, 2011 at 1:55 am
hdfc bank cuts Rs 827 from my account for not maintaining aqb. but the actual charge is rs 700.
why they have cut more monet without any reason ?
July 16th, 2011 at 10:34 pm
WHAT HDFC IS DOING IS CHEATING AND IT IS TOTALLY ILLEGAL. GOVERNMENT MUST SEE TO IT.
September 14th, 2011 at 9:37 am
your AQB is very high.this is a policy of these types of banks to loot customers.
shame on your bank