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Indian Bank PSU Ledger Entries

May 11, 2024
in Trading
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I see a variety of debits in my Indian Checking account with the identify ‘Bulk Costs’ like 9, 5.7, 3.3 & 1.8. Does anybody know why these ‘Bulk Costs’ are collected ? Is there any formulae to compute these costs ?

These costs levied on clients who exceed sure limits on transactions or companies** . These costs are sometimes utilized to clients who exceed the bounds set by the financial institution on money transactions, variety of cheque leaves, ATM transactions, and different companies

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Pradeep_P1:

costs levied on clients who exceed sure limits on transactions or companies

thanks, in case you come throughout the formulae to compute them please add right here.Many non-public banks disclose the small print however not capable of finding them for Indian Financial institution.I’m principally on the lookout for such costs w.r.t minimal steadiness, atm withdrawal and NEFT transfers.

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