Huge Negative Balance in Saving Account due to NACH return Charges.

[mnn]

In this thread I welcome all suggestions from TF folks and admirers..

So issue is what to do If a saving account's balance goes in negative and not a small amount, (apprx 30-40k ) and all of the charges are levied due to ECS and NACH return. Minimum balance charges are not included in this matter.

 

[cc_dc_explorer]

My NACH also got rejected, then I have to fund the account. They charged 590 per rejection. Each bank charges differently.

so I doubt you may have multiple rejections.