HDFC Bank to charge customers for outward UPI transactions

June 11, 2017 10:36

'HDFC Bank, the second-largest private sector lender, will start charging customers for outgoing Unified Payments Interface (UPI) transactions.

'In an email to customers, the bank said that it will be charging Rs 3 plus taxes for outward transactions from Rs 1 to Rs 25,000. For outwards transactions above Rs 25,000 to Rs 1 lakh, HDFC Bank will be charging Rs 5 plus taxes.

'The new charges will be applicable from July 10, 2017,' reports Shashidhar KJ in medianama.com, here.

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