Bank charging exhorbitant .
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FM
By mistake I happened to use HDFC credit card at ATM (though had dr.card and good balance in account ) for withdrawal of RS.10000/- cash .
For my above mistake was made to cough up Rs. 500/- as fee
RS. 90/-. GST
RS. 360/85 finance charges
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RS. 950/85
Over and above withdrawal figure of Rs10000/- despite having sufficient balance in my SB account with same bank . This comes to 9/10% of the amount bank charges whereas bank will be paying 3 or 3.5% per annum interest on my balance with them .
Isn't it to high a penalty of a mistake ...
For my above mistake was made to cough up Rs. 500/- as fee
RS. 90/-. GST
RS. 360/85 finance charges
---------------
RS. 950/85
Over and above withdrawal figure of Rs10000/- despite having sufficient balance in my SB account with same bank . This comes to 9/10% of the amount bank charges whereas bank will be paying 3 or 3.5% per annum interest on my balance with them .
Isn't it to high a penalty of a mistake ...
Anti-ProfiteeringJul 21