Hot Deal List of Banks which started charging money for SMS alerts, mobile banking

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List of Banks which started charging money for SMS alerts, mobile banking

Already in the league are

  1. HDFC
  2. ICICI
  3. Axis Bank
  4. KOTAK
  5. YES
  6. SBI
    In another example of cartelization among bankers, several banks have increased or started imposing charges for transaction alerts through SMS as well as for mobile banking. As usual, private lenders have taken the lead, which soon would be followed by nationalized banks
101 Comments  |  
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Sbi is best in this regard. 0 min balance.Free DDs upto 10000 from net banking.

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private banks are only good for no frills account

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seriously SBI is the best .. thats why PSU banks are good

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SBI has also started charging for SMSes…….Just saw my statement. Rs. 17 has been charged for SMSes

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pennychaser wrote:

SBI has also started charging for SMSes…….Just saw my statement. Rs. 17 has been charged for SMSes


which month? I get message only when there is transaction above 5000.

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for april – June period……Is there a threshold for number of SMSes???….

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pennychaser wrote:

for april – June period……Is there a threshold for number of SMSes???….</blockq
17 deducted from my account also.Its written service charge.
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pennychaser wrote:

SBI has also started charging for SMSes…….Just saw my statement. Rs. 17 has been charged for SMSes


Just checked my SBI Statement no money deducted so far.
Are you sure bro that the mney deducted was for SMS ? is it clearly written ? SBI has not given any communication to its customers in this regard. Jab AXIS bank ne warning pehle hi de di, to SBI to pakka dega,

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DAN wrote:

pennychaser wrote:

SBI has also started charging for SMSes…….Just saw my statement. Rs. 17 has been charged for SMSes


Just checked my SBI Statement no money deducted so far.
Are you sure bro that the mney deducted was for SMS ? is it clearly written ? SBI has not given any communication to its customers in this regard. Jab AXIS bank ne warning pehle hi de di, to SBI to pakka dega,


amount deducted is clarified in statement as Service Charge.

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soccergiants wrote:

DAN wrote:

pennychaser wrote:

SBI has also started charging for SMSes…….Just saw my statement. Rs. 17 has been charged for SMSes


Just checked my SBI Statement no money deducted so far.
Are you sure bro that the mney deducted was for SMS ? is it clearly written ? SBI has not given any communication to its customers in this regard. Jab AXIS bank ne warning pehle hi de di, to SBI to pakka dega,


amount deducted is clarified in statement as Service Charge.

Service charge can be for anything, ranging from NEFT to IRCTC commission or too many (>30) Transactions in 6 months etc etc. check SBI website for full list of service charge. You cannot assume it is SMS charge.

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Rs 17/- charged for using any ATM other than STATE BANK network ATM (Free transaction in Saving Ac= 5 per month)

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Rs.17 is the charge for sms alerts only (per quarter) , effective from quarter ending june 2013

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DAN wrote:

soccergiants wrote:

DAN wrote:

pennychaser wrote:

SBI has also started charging for SMSes…….Just saw my statement. Rs. 17 has been charged for SMSes


Just checked my SBI Statement no money deducted so far.
Are you sure bro that the mney deducted was for SMS ? is it clearly written ? SBI has not given any communication to its customers in this regard. Jab AXIS bank ne warning pehle hi de di, to SBI to pakka dega,


amount deducted is clarified in statement as Service Charge.

Service charge can be for anything, ranging from NEFT to IRCTC commission or too many (>30) Transactions in 6 months etc etc. check SBI website for full list of service charge. You cannot assume it is SMS charge.


there is no restrictions in SBI for number of transactions like 30 in 6 months in UCO bank , but sms charges are there in sbi, live with it or deactivate it , SBI is not that good as you think

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Here is the PROOF that SBI charges for MOBILE BANKING.
https://www.sbi.co.in/user.htm?action=print_sec…

(SMS alerts for Credit card and debit card is mandatory by RBI and no bank can charge for it, the bank charges for other SMS such as balance statement etc etc)

And yes SBI Also charges for >30 entries in Savings Bank SB. goto sbi.co.in and type service charges in search box and goto deposit schemes and then click BASIC SERVICE CHARGES RELATING TO DEPOSIT ACCOUNTS

30.Charges for excess debit entries in SB = Rs.5/- per entry. (For entries over 30 per ½ year) (Other than alternate channel/ATM txn. Other than SBI ATMs).

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Bhai logon ….this is the entry head “SMS.CHARGES.FOR.APR-JUN.2013” ……so its a fact…..no contesting……

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I have only made 3 transaction in non SBI atms. My total transaction is more than 50 though. There may be only two possibilities either its for sms or transactions exceeding certain specified limit.

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pennychaser wrote:

Bhai logon ….this is the entry head “SMS.CHARGES.FOR.APR-JUN.2013” ……so its a fact…..no contesting……


Did you use mobile banking ?

check out the link in my comment above or below.

DAN wrote:

Here is the PROOF that SBI charges for MOBILE BANKING.
https://www.sbi.co.in/user.htm?action=print_sec…

(SMS alerts for Credit card and debit card is mandatory by RBI and no bank can charge for it, the bank charges for other SMS such as balance statement etc etc)


And yes SBI Also charges for >30 entries in Savings Bank SB. goto sbi.co.in and type service charges in search box and goto deposit schemes and then click BASIC SERVICE CHARGES RELATING TO DEPOSIT ACCOUNTS


30.Charges for excess debit entries in SB = Rs.5/- per entry. (For entries over 30 per ½ year) (Other than alternate channel/ATM txn. Other than SBI ATMs).


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no….I have not activated mobile banking…..

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soccergiants wrote:

I have only made 3 transaction in non SBI atms. My total transaction is more than 50 though. There may be only two possibilities either its for sms or transactions exceeding certain specified limit.


I have not done the whole analysis ……but my total transaction would be more than 50……the only SMS I receive is for password and atm withdrawls……

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pennychaser wrote:

soccergiants wrote:

I have only made 3 transaction in non SBI atms. My total transaction is more than 50 though. There may be only two possibilities either its for sms or transactions exceeding certain specified limit.


I have not done the whole analysis ……but my total transaction would be more than 50……the only SMS I receive is for password and atm withdrawls……


This is a charge that most of us get hit and not many of us are aware of.

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Rs.5/- PM Axis bank

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SBI never informs customers about increase in annual ATM charges, or any new charges imposed, such as SMS charge, etc. And if one asks for clarification, nobody in the branch knows about it. If banks cannot impose SMS charges as per RBI guidelines, can we file a complaint? Is there such a guideline from RBI?

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The Sniper wrote:

SBI never informs customers about increase in annual ATM charges, or any new charges imposed, such as SMS charge, etc. And if one asks for clarification, nobody in the branch knows about it. If banks cannot impose SMS charges as per RBI guidelines, can we file a complaint? Is there such a guideline from RBI?


yes Check this http://www.thehindubusinessline.com/industry-an…
RBI DIRECTIVE

More important, with effect from July 1, 2011, the RBI has instructed banks to send out SMS alerts for all card transactions, irrespective of the channel used; ATM, phone banking, Net banking, whatever. If an unauthorised transaction comes your way, sound the alarm."

http://www.deal4loans.com/loans/articles/all-cr…

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Just checked my SBI Statement Rs 15 deducted as service charged dont know what for….used sbi atm just once in last month…no mobile banking activated

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Jisko shak hai k sbi sms chrg nahi le ra wo 1800112211 par call karke pata kr le Rs.17 charge is announced from sbi

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SBI has already deducted money from my account also, ( and I have not recieved any notification ) https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15

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Bhai log please check https://www.onlinesbi.com/sbijava/retail_sms_al…

Are there any charges for the facility?
This is a value added service is made available to our customers absolutely free.

(is it becasue this info is outdated ? )

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DAN wrote:

SBI has already deducted money from my account also, ( and I have not recieved any notification ) https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15


It’s Rs.17 for me. Why difference in amount? https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

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viveka wrote:

DAN wrote:

SBI has already deducted money from my account also, ( and I have not recieved any notification ) https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15


It’s Rs.17 for me. Why difference in amount? https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif


No Idea bro. All I know SBI has stolen 15 Rs without even informing me https://cdn1.desidime.com/assets/textile-editor/icon_sad.gif

Edit: Just called Toll free 1800 425 3800 and checked. They said this is Rs 15 Charge for SMS alerts on the ATM card. for the Quarter ending June. when asked how to stop ? he said Please contact Bank.

Edit2: SMS alert on XXXXXXXXX3, disabled successfully.
Disabled via online banking. Dont want this paid service anymore.

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