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Banks begins to levy cash transaction fee of Rs 150 - News X

Wed, Mar 01, 2017, 11:09 PM
The demonetisation is imposed by PM Modi, by stating to contain the black currency and terrorism and later it was projected towards digitalisation by him. After all these steps, the common man and the common business man still kept depending on cash transactions only due to various and inevitable reasons. Now the banks are going to impose Rs 150 fee for more than four cash transactions per month and HDFC has already started intimating its customers, while ICICI and AXIS are on their way in deciding the transaction limit.
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