axis Liberty saving account non avg bal charges

[gaman809]

hey

when i opened account someone from axis bank told me that if i created a fd of 25k I don't need to maintain the balance. i confirmed this when i did kyc with their agent.

but today i got charged 700 (600+18%gst) for not maintaining the balance. axis is such a worst bank ever. now what should i do?

can someone help me !!!

 

[gaman809]

check this

 

[TheTrickySid]

hey

when i opened account someone from axis bank told me that if i created a fd of 25k I don't need to maintain the balance. i confirmed this when i did kyc with their agent.

but today i got charged 700 (600+18%gst) for not maintaining the balance. axis is such a worst bank ever. now what should i do?

can someone help me !!!

Wrong info given to you.

 

[akshayhs]

1. Tell them you were promised that AMB will be waived when you open FD.
2. Ask them to revert the charges incl. GST
3. Last step, if they don't abide, close the account and if it is less than 14 days old, you will not be charged any fees for doing so.
Personally I have never heard of such offers before.

 

[gaman809]

1. Tell them you were promised that AMB will be waived when you open FD.
2. Ask them to revert the charges incl. GST
3. Last step, if they don't abide, close the account and if it is less than 14 days old, you will not be charged any fees for doing so.
Personally I have never heard of such offers before.

thanks bhai

 

[gaman809]

Wrong info given to you.
View attachment 11778

credit card bill payment counted in 25k spends?

 

[TheTrickySid]

credit card bill payment counted in 25k spends?

Yes

 

[pprakash11]

credit card bill payment counted in 25k spends?

Yes

 

[medics]

Hi
I need suggestions. I was charged for non maintenance for the month of march.Although i had spent 25k in that month. I paid credit card bill through bill pay. is not paying credit card bill include in 25 k spend? please see the attachment

 

[luciferlucifer is verified member.]

how do we check if your axis bank account is

axis Liberty savings account?​

 

[Karvanna]

The Category code Should Be SBLBR

 

[Ranger]

Hi
I need suggestions. I was charged for non maintenance for the month of march.Although i had spent 25k in that month. I paid credit card bill through bill pay. is not paying credit card bill include in 25 k spend? please see the attachment

Afaik, the transaction type should be either "ecom pur" or "p2m" for the amount to be counted for 25k spends

 

[varun__goel_]

Does CC bill payment via cred counts in 25k spends?

 

[Ranger]

Does CC bill payment via cred counts in 25k spends?

Yes. It's shown as "p2m" in transactions.

 

[VISHESH_BANSAL]

Hi
I need suggestions. I was charged for non maintenance for the month of march.Although i had spent 25k in that month. I paid credit card bill through bill pay. is not paying credit card bill include in 25 k spend? please see the attachment

Spends done via Linked DC, Netbanking and UPI are only eligible for NMC waiver.

Any other debit Txn is not eligible.

why you paid CC bils using Axis Bill Pay feature?

 

[medics]

Spends done via Linked DC, Netbanking and UPI are only eligible for NMC waiver.

Any other debit Txn is not eligible.

why you paid CC bils using Axis Bill Pay feature?

I was not aware. I thought it would be counted under spends.so basically for paying credit card i have to use 3rd party and pay using debit card/upi/ net banking

 

[VISHESH_BANSAL]

oh i see. thanks for reply.suppose that i deposit the amount in indus or kotak using axis debit card.will it be considered as spend? because it shows in statement as ECOM PUR”.

P2M is used only for classifying a UPI txn into a Merchant Spend.

Txns via Debit Card at Online/offline POS is always a spend.

Txns via Netbanking at any Merchnat App/website is always a spend.

As of now There is no restrictions w.r.t Category of spend.
So all spends are counted towards 25k/Month and 60k in a Quarter

 

[makman]

P2M is used only for classifying a UPI txn into a Merchant Spend.

Txns via Debit Card at Online/offline POS is always a spend.

Txns via Netbanking at any Merchnat App/website is always a spend.

As of now There is no restrictions w.r.t Category of spend.
So all spends are counted towards 25k/Month and 60k in a Quarter

If we pay CC bill then we can claim that milestone voucher for 60k spends in a quarter right?

 

[VISHESH_BANSAL]

If we pay CC bill then we can claim that milestone voucher for 60k spends in a quarter right?

Bold karke likhu kya abb all spends are considered as of now towards 60k a Quarter and 25k a month

 

[makman]

Bold karke likhu kya abb all spends are considered as of now towards 60k a Quarter and 25k a month

But then that's the answer to your question about "why you paid CC bils using Axis Bill Pay feature". Make payment of 60k only per quarter and get 750 voucher each. More than 1% return even better than HDFC billpay. Spends over 60k on CC can be paid using HDFC billpay and others