I would say, Axis just giving false threats to members who ever received the ER recovery email, nothing gonna happen in real, it's complete bank's responsibility to deduct the ERP right after transaction reversal. They failed to fix the same all over last 1.5 years, so nothing can be done from...
Effective 20th December 2024 :
• The auto debit reversal or cheque return fee will be 2% of the payment amount, with a minimum fee of INR 500 and no maximum cap on the fee.
• The fee for cash payments at branches will be revised to INR 175.
• The current late payment fee structure continues...
Effective 20th December 2024
The auto debit reversal or cheque return fee will be 2% of the payment amount, with a minimum fee of INR 500 and no maximum cap on the fee.
The fee for cash payments at branches will be revised to INR 175.
The current late payment fee structure continues...