HDFC Bank to charge Rs. 500 to close bank accounts!

Yes, In that case Sarkari Bank is the best choice. Bcoz keeping 25K as minimum balance means half of the salary. 😀rool ():

Ah.. well atleast ICICI didnt hike it for me

well i did get a note from them. and i think it's posted on the forum in some thread... so i guess it was applicable on my account.

Yes, In that case Sarkari Bank is the best choice. Bcoz keeping 25K as minimum balance means half of the salary. 😀rool ():

well salaried people do get accounts with enough flexibility. managing with your own regular savings account is of course troublesome 🙂

Glad that I closed my HDFC a/c last month

Since the day RBI made interest rate on savings account balances to be decided freely by each bank, all banks are inventing solutions to somehow keep the maximum float with them and still reduce the fund cost at the same time.

So, this is the reason I left the accounts abandoned. ICICI was my Salary Account, So I don't think I need to worry about. What Say ??
After three months or so they will convert salary account to normal account and keep adding fines. If you shift your job and you have no option but have a ICICI salary account, with first salary credit they will deduct these fines.