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 !!!

 

[VISHESH_BANSAL]

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 other

🤦‍♂️🤦‍♂️Each time Complete Tnc ke saath Comment nhi kar sakta na.

The spend you did is not a valid spend as per Axis Tncs.

Jab ek baar explain kar diya Spend means Spend done via UPI, DC and Netbanking, then Why I will repeat definition of Eligible Spend again and again .

You should automatically understand if I am writing the Word Spend that means Spend as per Axis Tncs

Website Visit karo aur khud check karo Tncs.
I can not repeat same thing again and again to same person.

Either Believer the information or if you have doubt then directly Do E-Mail interactions with Axis Bank for getting 100% Sure

 

[makman]

🤦‍♂️🤦‍♂️Each time Complete Tnc ke saath Comment nhi kar sakta na.

The spend you did is not a valid spend as per Axis Tncs.

Jab ek baar explain kar diya Spend means Spend done via UPI, DC and Netbanking, then Why I will repeat definition of Eligible Spend again and again .

You should automatically understand if I am writing the Word Spend that means Spend as per Axis Tncs

Website Visit karo aur khud check karo Tncs.
I can not repeat same thing again and again to same person.

Either Believer the information or if you have doubt then directly Do E-Mail interactions with Axis Bank for getting 100% Sure

Chill dude. I hope you are aware that you can pay axis CC bill in axis mobile using axis DC and that's what I am referring to. And that qualifies for 60k spends milestone (you also mentioned linked DC) and thereby reasoning for paying CC bill that way.

 

[VISHESH_BANSAL]

Chill dude. I hope you are aware that you can pay axis CC bill in axis mobile using axis DC and that's what I am referring to. And that qualifies for 60k spends milestone (you also mentioned linked DC) and thereby reasoning for paying CC bill that way.

That way it is eligible. Use of DC/UPI/Netbanking is necessary for making a spend , to get it counted under 25k/60k

 

[Ranger]

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”.

Yes. Have done it few times

 

[VISHESH_BANSAL]

You are wrong. I have added money in my indus account using indusfunds online through liberty debit card and its shown as p2m. Another example is cheq, where i paid cc bills using the liberty card and it was shown as p2m too.

Ek baar phirse Account statement check kar le.

 

[manish.rdy]

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.

I have a salary liberty account. If salary won't get credited for 3 months it will be converted to savings. Then do I need to maintain 25k per month ?

 

[Ranger]

Ek baar phirse Account statement check kar le.

Yup rechecked it, my bad. I got confused

 

[4uziaul]

I have a salary liberty account. If salary won't get credited for 3 months it will be converted to savings. Then do I need to maintain 25k per month ?

Yes Sir you will have to maintain.

 

[0xfallup]

I have a salary liberty account. If salary won't get credited for 3 months it will be converted to savings. Then do I need to maintain 25k per month ?

just do a imps every 2 month and shit continues most probably

 

[VibrantAnkur]

Ek baar phirse Account statement check kar le.

Does ECOM PUR/IndusInd Bank/Gurgaon transaction count for MAB waiver?

 

[SSV]

Does ECOM PUR/IndusInd Bank/Gurgaon transaction count for MAB waiver?

Yes . .

 

[VibrantAnkur]

Yes . .

Thanks for the confirmation. I have been charged NMC for Dec 2023 even though I did the above transaction of Rs 82k+ using debit card in Dec 2023. Looks like I'll have to ask for a reversal.

 

[varun__goel_]

Does ECOM PUR/IndusInd Bank/Gurgaon transaction count for MAB waiver?

Is this indusfunds load transaction?

 

[SSV]

Thanks for the confirmation. I have been charged NMC for Dec 2023 even though I did the above transaction of Rs 82k+ using debit card in Dec 2023. Looks like I'll have to ask for a reversal.

Yes, ask for reversal. If Ecommerce transactions are not considered, what else??
Proceed with your complaint

 

[SSV]

Thanks for the confirmation. I have been charged NMC for Dec 2023 even though I did the above transaction of Rs 82k+ using debit card in Dec 2023. Looks like I'll have to ask for a reversal.

Hang on, was this the only transaction you had done in that quarter??

 

[VibrantAnkur]

Hang on, was this the only transaction you had done in that quarter??

In the month of Dec, I did 3 transactions using debit card.
1. Rs 82k+
2. Rs 179
3. Rs 80

Prior to Dec, I have done transactions in Oct and Nov as well.

 

[VibrantAnkur]

Is this indusfunds load transaction?

Yeah, it is.

 

[SSV]

Yeah and a couple of small transactions amounting to Rs 250.

You need to do at least 25k of eligible transactions each calendar month for NMC waiver.

 

[SSV]

In the month of Dec, I did 3 transactions using debit card.
1. Rs 82k+
2. Rs 179
3. Rs 80

Prior to Dec, I have done transactions in Oct and Nov as well.

How much in oct and nov??

 

[VibrantAnkur]

You need to do at least 25k of eligible transactions each calendar month for NMC waiver.

Sorry, edited my comment above. I have done transactions above 25k in Oct, Nov and Dec.

October: Rs 43k

November: Rs 65k

Dec: Rs 82k