Axis Bank to charge 25paise per sms from 15th December 2024

[sidpsidp is verified member.]

I just got a intimation from axis that mandatory sms as per rbi regulation ( I guess intimation for change in balance/settings change) will be charged 25p/sms with maximum charges being RS15 /qtr.

Anyone else got this intimation? Is this just for account holders or for cc holders as well?

@HumorSimpson this is your cue
Insert end Is near meme. 🤣

@mods please move to rbi guideline/bank account section. I mistakenly posted in credit score section.

 

[Aniket]

Paytm ko leke aako Axis ko leke jao rey baba 🙂

 

[Pikachu.]

Paytm ko leke aako Axis ko leke jao rey baba 🙂

Nahi, dono ko rehne do.

 

[Aniket]

Nahi, dono ko rehne do.View attachment 77192

Ye bhi theek hai! 🤭

Aap bas isko itna lootiye itna lootiye ki diwala nikal jaye! 😜

 

[SSV]

Just got the message
Axis Priority Account Holder

Got the same message. Seems Axis 🪓 has gone bonkers 😂

View attachment 77165

Yeh kya chindi banking hai.

Its like🪓 is saying this to its beloved customers ....

Lelo Lelo Lelo SMS Lelo...
Thappad Marungi Sala ... Thappad Marungi ...

Kiss Kiss Kiss Kiski
Kissa Kissa Kiss Kiski


😉 😉




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For the unversed, this is a song from Pushpa 2 : The Ruler..

 

[Strange]

There are some banks who send two SMS alerts after one CC UPI txn.

😂

Ye UPI CC se txn karne pe hota hai.
First debit message UPI CC Card account se debit ka and second message UPI credit card se debit ka. RBL, Kotak, ICICi 2 messages bhejte hai. 🤣🤣

 

[Strange]

They somehow want to get this go upwards..
God bless them and US ...

View attachment 77190

FASAK..

Whenever a devaluation happens, SSV is always ready with a screenshot of that bank's stock's performance. 🤣🤣

 

[Aniket]

Ye UPI CC se txn karne pe hota hai.
First debit message UPI CC Card account se debit ka and second message UPI credit card se debit ka. RBL, Kotak, ICICi 2 messages bhejte hai. 🤣🤣

Han ek (UPI wale) mein Rs. & Ek (CC wale) mein INR & available limit.

Waise mein bhi CC UPI txn likha tha 19/20 ka farka 😜😂

CC UPI txn.

😂

 

[Aniket]

Kotak's email alerts don't come on time especially for CC, right?

Confirm it @Strange & others.

 

[panchabhut]

I am presently charged flat 15+gst.. this would actually reduce my cost.. but no sms so far.

 

[Riya]

I am wondering if they would be charging GST too on that SMS charges 🤣🤣
Poore mahine card use nhi kiya par bill aayega 25 paisa +GST 🤣🤣

 

[SSV]

I am wondering if they would be charging GST too on that SMS charges 🤣🤣
Poore mahine card use nhi kiya par bill aayega 25 paisa +GST 🤣🤣

1000 % they will charge GST .. because they have to pay this tax to the Govt of India for this part of income to them...

 

[BhaiyaJi]

Axis CXO: Aaj dhanda thoda kam hua hai.
Product Managers: Say no more
Axis to its customers: SMS lelo SMS lelo

 

[tachniki]

Direct sms cost to bank is usually 13 paise per sms. So, axis actually making money out of that. 😁

 

[aniketkr.sharma]

Direct sms cost to bank is usually 13 paise per sms. So, axis actually making money out of that. 😁

If they have there own API, then I don't think there will be also 13 paisa cost per SMS.

 

[shashankjain]

What is this charge exactly on

 

[BhaiyaJi]

What is this charge exactly on

Exactly on SMS

 

[aniketkr.sharma]

What is this charge exactly on

Rs.15 per quarter, later on it will be monthly then per day

 

[BhaiyaJi]

For each credit card bill generation Axis currently send me 2 SMS 😥 . Then reminder SMSs. Aise to ye logon ka earning ho jayega

 

[6ix9ine]

For each credit card bill generation Axis currently send me 2 SMS 😥 . Then reminder SMSs. Aise to ye logon ka earning ho jayega

Tabhi toh voucher milega, orr karo reminder reminder

 

[helloworld]

Got the same message. Seems Axis 🪓 has gone bonkers 😂

View attachment 77165

🙂 Mandatory SMS but will charges 0.25p for that 🤔

Its like you have two choices but showing only one.