Скачать или смотреть HDFC Bank ke Charges Kaise Calculate Karein | Savings Account k charges sun kar aap Ro denge

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Assumptions:

Account: HDFC Bank's Regular Savings Account.

AMB: You maintain a ₹12,500 average balance for 10 months and fall below ₹1,000 for two months. We'll assume your account is in a Metro or Urban branch

Interest Calculation: We will consider the 2.5% interest on average balance of 12500 for 10 months and calculate the interest. We will not consider any interest for the two months.

Usage:

UPI transactions are free.

3 internet banking (NEFT) transactions per month

2 cheque transactions per year (within free limit).

10 ATM withdrawals per year, exceeding free limit with 2 months having 3 withdrawals.

3 debit card (POS) transactions per year.

e-statement is free.

SMS alerts - charges applicable

GST: 18% on all applicable charges.

Metro/Urban branch: We'll assume your branch is in a Metro or Urban location, impacting the non-maintenance charges and AMB requirement

Calculations - Scenario 2 (HDFC Bank, with GST and AMB Default)

A. Income

Average Monthly Balance (AMB): For 10 months ₹12,500 and for 2 months less than 1000

Interest Income:

We will consider 10 months as your AMB is 12500/- in those months

Annual Interest Rate: 2.5%

Interest earned: 12500*10/12 * 0.025 = 260.41 (approx)

B. Expenses (Including GST):

Account Opening: No cost.

AMB Non-Maintenance Charges:

HDFC Regular Savings non-maintenance charge: 6% of the shortfall or ₹600, whichever is lower (for Metro/Urban). We can assume its 600 as the shortfall can be assumed as more than 10,000

So for two months 1200 and +18% GST = 1416.

Cost : ₹1416

UPI Transactions: Free.

Internet Banking (NEFT):

As per service schedule, transactions are free for values less than 1lac and for transaction value above 1 lac charge are 15 per transaction + GST

We assume values as less than 1 lac and 3 transactions per month. So for yearly it is 36*free= 0

Cost: ₹0

Cheque Usage:

First chequebook of 5 Leaves - Free for regular savings account. We assume your need is max of 2 leaves a year. So we will consider 2 leaves per year free.

Cost : ₹0

ATM Withdrawals:

HDFC Bank ATMs - First 5 transactions free

Other Bank ATMs in metro cities - First 3 transactions free.

Other Bank ATMs in non-metro cities - First 5 transactions free

We assume for 2 months you have 3 transactions at other bank ATMs and one transaction in rest of the months at other bank ATMs. For calculation purposes we will consider 12 transaction at other bank ATMs. As first 3 transactions are free in Metro cities and we will also consider you have only 3 transactions per month, so for the 2 months, there is no extra charge.

From above schedule 12- 3 (first 3 free)= 9 transactions. Post free limit charges = ₹21 +18% GST.
Cost: ₹21 * 1.18 * 9 = ₹223.8

Debit Card Usage:

HDFC charges annual fee of ₹500.

Cost: ₹500* 1.18 = ₹590
We will assume you use debit card 3 times for ecom transactions, we assume no specific charges levied for this
*Cost:₹0

SMS Alerts:

Effective date to 1st Jan'2022, customer registered for InstaAlert service with 'SMS' as the alert
delivery channel, would be charged as follows: Salary/Savings Account: 20 Paise / SMS + GST.

Assuming 1 alert is sent every day, the yearly charge is : 3650.21.18 = 86.11

Cost: ₹86.11

Total Expenses (Including GST):

Total Expenses: ₹1416 + ₹0 + ₹0 + ₹223.8 + ₹590 + ₹86.11 = ₹2315.91

C. Net Gain/Loss - Scenario 2 (HDFC Bank with GST and AMB Default)

Total Income: ₹260.41

Total Expenses: ₹2315.91

Net Gain/Loss: ₹260.41 - ₹2315.91= - ₹2055.50