INCIDENTAL CHARGES TO S B A/C


This query is : Resolved 

17 June 2011 RESPECTED SIR....
MY QUERY IS THAT WHETHER AN INCIDENTAL CHARGES CAN BE CHARGEABLE TO OPERATING SAVING BANK A/C OF CUSTOMER ?... IF YES UNDER WHICH SECTION/CIRCULAR/NOTIFICATION.

PLS CLARIFY THE MATTER..

THANKING YOU..

17 June 2011 Incidental Charges are generally levied for in the below scenario.

Where minimum balance is to be maintained has not maintained by the account holder. In such a case incidental charges will be levied by the bank

Thanks,
CA M Sreenivasa Rao
R&S Associates



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