Transaction Charges by Banks: Addl Inputs

The Department of Consumer Affairs is in receipt of the multiple polls conducted by LocalCircles on various bank charges. We would like to seek any additional inputs that you might have on transaction charges by banks.

Once we have your inputs, we will be submitting the collective consumer pulse and our recommendation to the Reserve Bank of India and the Department of Financial Services, Government of India.

We look forward to your inputs!
Department of Consumer Affairs more  

View all 144 comments Below 144 comments
It s to bring to the Notice the Co-operative Banks had gone a stage further by Cancelling the very share certificates - stating that 10 years before there was resolution in the GM meeting which prompted them to initiate the action. Complaints lodged way back in 2014, 2015 and even in 2016 is awaited the response till date. more  
Banks should not charge on the fule purchases through Credit or Debit cards because both Stae & Central Governments are charging heavy taxes on fuel. Infact Petrol Diesel, CNG, LPG prices are related toInflation. These being commodity, prices of fuel items should be same through out the nation. more  
If GST can be Uniform through out the nation , why should RBI & Finance minister cannot make Bank charges to customers Uniform? more  
If we want to make to less-cash economy. The government should look into the charges imposed by banks. They are imposing high charges. These charges force us to withdraw money in cash and pay all payment in cash only. Since sbi has started to levy charges on customer if their no of transaction goes above 40. I pay 90% of expenses through digital mode. My transaction is more than 150.then why should I pay through digital mode? Why I should not withdraw total cash in the beginning of month and do all works with this cash? more  
My opinion is same as Mr. Pavan Yadav, banks shall stop charging for digital payments to encourage consumers for cashless payments. more  
The SMS charges issue should also be taken up more  
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