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Hdfc current account rupay CC charges.

  • Thread starter Thread starter tushu5121
  • Start date Start date
  • Replies Replies 47
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Technically if you haven't opt for OD, they can't take your balance into negative. It is their fault, they didn't charge during settlement.
They would say they can charge at any later stage if they want. It is also written in t&c which you signed. But tell them it's their policy. Rbi rule says balance can't be negative. Regulator's Rule supercedes bank's policy.
Bro they can
But for non maintenance charges they can't
 
Yes.. it is nightmare..
THey take 2% even on hospitals..
I faced same issue few weeks ago
Where i paid by my rupay cc and after 2 days when i visited for next sitting they told me about this..
Now i myself faced same nightmare..
Merchant should be aware and opt for not receiving payments via rupay cc
 
Bro they can
But for non maintenance charges they can't
They can if you have opted for OD. In savings /current you spend own money. RBI's logic is if there is no money we shouldn't be able to spend it. That's why negative balance is not allowed.
That is the exact reason OD was introduced in the first place to help with working capital. Logic was businesses sometime have earned the money but haven't received. This was in 18th century before telegraph. It used to take months to realize money. So banks started giving credit(OD) to investors of trade or "exploration "(colonizer).
But as OD is a loan, they need your approval beforehand. They can't just issue it.
 
They can if you have opted for OD. In savings /current you spend own money. RBI's logic is if there is no money we shouldn't be able to spend it. That's why negative balance is not allowed.
That is the exact reason OD was introduced in the first place to help with working capital. Logic was businesses sometime have earned the money but haven't received. This was in 18th century before telegraph. It used to take months to realize money. So banks started giving credit(OD) to investors of trade or "exploration "(colonizer).
But as OD is a loan, they need your approval beforehand. They can't just issue it.
Bro you can't do anything
Similar happened with my frnd with millennia dc
He Shopped online international for 5600 no forex charges was deducted for week so he should Its free .
So he did about a lakh

And after month hdfc deducted forex charges + gst
 
Bro you can't do anything
Similar happened with my frnd with millennia dc
He Shopped online international for 5600 no forex charges was deducted for week so he should Its free .
So he did about a lakh

And after month hdfc deducted forex charges + gst
Hudfc bank - they don't have any tagline like dil se open
Hdfc bank - Is women on periods none can understand.
It shows love shower with Millniea & plat dc free money
Makes you cry hell with freedom , moneyback cc with peanut limit 😂😂
 
Merchant should be aware and opt for not receiving payments via rupay cc
The bank should debit the charges on next day ( settlement day ) from that merchant will have an idea who paid via rupay cc.
HDfc bank is doing manmani.
JAm hamko lgega tb lenge charges bolete hmare idhar aisech hota h🤣
 
What if we stop using that account one day and never use it again?
Will there gonna be any legal consequences
Asking for *general knowledge
 
What if we stop using that account one day and never use it again?
Will there gonna be any legal consequences
Asking for *general knowledge
After 24m it becomes dormant. But the problem is they would start charging and make your balance negative. They won't collect the money from you, but you would face difficulty if you apply some loan or cc in future.
Also you dont know if someone is misusing your account. Recently an icici branch used OD of many customers to meet their FD target. What if someone does something illegal. If you don't track, you won't know. Better to close it properly and get noc.
 
After 24m it becomes dormant. But the problem is they would start charging and make your balance negative. They won't collect the money from you, but you would face difficulty if you apply some loan or cc in future.
Also you dont know if someone is misusing your account. Recently an icici branch used OD of many customers to meet their FD target. What if someone does something illegal. If you don't track, you won't know. Better to close it properly and get noc.
Hdfc remb you for lont time .
My closed account in hdfc still causes confusion when i call them . They ask which account .
Even when other account is closed year ago
 
After 24m it becomes dormant. But the problem is they would start charging and make your balance negative. They won't collect the money from you, but you would face difficulty if you apply some loan or cc in future.
Also you dont know if someone is misusing your account. Recently an icici branch used OD of many customers to meet their FD target. What if someone does something illegal. If you don't track, you won't know. Better to close it properly and get noc.
My canara account is having 1200 negative balance
Did everything to make them waive these charges
But they didnt listen
So leave it as it is
 
Tell them to waive off charges as You want to close the account. Tell rbi rule says account balance can't be negative. If they don't do it, complain to rbi. You'll get a call from branch in no time.
Axis closed my savings account even with negative balance ( i knew i was charged but no negative balance was shown) .
It happened so smooth.

Once i opened hdfc bank 2 saving account .
The other saving account got closed with all negative balance was more than 2500 .

So yes while closing negative balance doesn't matter unless its of products u used & didn't pay
 
Axis closed my savings account even with negative balance ( i knew i was charged but no negative balance was shown) .
It happened so smooth.

Once i opened hdfc bank 2 saving account .
The other saving account got closed with all negative balance was more than 2500 .

So yes while closing negative balance doesn't matter unless its of products u used & didn't pay
They told me that there system won't allow to close an account with negative balance so you will have to make it 0.
I told them all those rbi guidelines but they didn't budge

So after putting efforts I gave up
 
They told me that there system won't allow to close an account with negative balance so you will have to make it 0.
I told them all those rbi guidelines but they didn't budge

So after putting efforts I gave up
Canara bank don't have cc portfolio .. so just forget them .
Unless u have plans of home loan or car loan from the branch .
Else complain them on email
 
They told me that there system won't allow to close an account with negative balance so you will have to make it 0.
They are lying. Just complain to rbi. You'll get call from branch in couple of days. Like @DocFixIt said unless you used availed a service or opted for OD, you can easily close account. They say those things, so that they can pocket that amount.
 
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