Sixth change
Talking about the sixth change, it is connected to the banking sector. In this, where HDFC Credit Card is going to start July for users with the increase in July, then ICICI Bank ATM users will also get a shock. HDFC Bank’s credit users may have to pay extra fees on payment of utility bill. Also, the Credit Card will have a charge of 1 percent in digital wallets (Paytm, Mobikwik, Freecharge or Ola Money) for adding more than Rs 10,000 in a month.
A fee of Rs 23 will be applicable from ICICI Bank ATM on any withdrawal after 5 free transaction limit in metro cities. This limit has been fixed at three in non-metro cities. At the same time, new charges are being implemented on IMPS transfer. There will be Rs 2.50 per transaction on money transfer of up to Rs 1000, more than Rs 5 on transfer of up to Rs 1 lakh and Rs 5 in transactions up to Rs 1 lakh and Rs 15 in transactions up to Rs 5 lakh.