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Mr Kesuri Mazahir Asgerali

This is a discussion on Mr Kesuri Mazahir Asgerali within the Other Banking Services forums, part of the Banking category; This is in reference to excessive charges on issuance of Demand Draft Charged by HDFC Bank. I issued a request ...

  1. #1
    Unregistered Guest

    Default Mr Kesuri Mazahir Asgerali

    This is in reference to excessive charges on issuance of Demand Draft Charged by HDFC Bank.
    I issued a request for Demand Draft for Rs 50 Lacs. The application form requires authorisation to debit the account for charges.

    The charges are not pre advised and to my surprise they charged mr Rs 10,000 for issuance of Demand Draft !!!!!!!!!!!!

    Firstly my account is debited with 50 Lacs immediately upon issuance of Demand Draft that means Bank is making big Interest gain by taking my money much before the Draft is presented for payment, then why Bank should charge such a unfair amount just for issuance of DD?

    I strongly lodge a complaint on such thefts by the Bank at the cost of consumers

  2. #2
    HDFC Bank is offline Senior Member
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    Quote Originally Posted by Unregistered View Post
    This is in reference to excessive charges on issuance of Demand Draft Charged by HDFC Bank.
    I issued a request for Demand Draft for Rs 50 Lacs. The application form requires authorisation to debit the account for charges.

    The charges are not pre advised and to my surprise they charged mr Rs 10,000 for issuance of Demand Draft !!!!!!!!!!!!

    Firstly my account is debited with 50 Lacs immediately upon issuance of Demand Draft that means Bank is making big Interest gain by taking my money much before the Draft is presented for payment, then why Bank should charge such a unfair amount just for issuance of DD?

    I strongly lodge a complaint on such thefts by the Bank at the cost of consumers
    Dear Mr Asgerali,

    These are standard charges applicable and are mentioned on the fee schedule of our website. We request you to write to us at talktous@hdfcbank.com with reference ID TTU000318325052011 and your account details, so that we can check from our end.

    Regards, HDFC Bank Customer Assistance

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