Axis charging 100 + GST for no salary credit in Salary account

[shadow]

I had this account for almost 6 years and only received salary in it for about 6 months. After that using HDFC salary account. In April they charged 100+Gst (118) for no salary credit and will charge the same amount every month. I have removed all funds from that account and thinking of closing it.
I mostly use my HDFC account and rarely use this one. Should I just close it or let the balance keep going in negative?

Update:
Went to branch to close the account. They said if I maintain 5k MAB there will be no charges. So, I'm gonna maintain this amount and keep the account for now.

 

[Anupama_Jha]

I had this account for almost 6 years and only received salary in it for about 6 months. After that using HDFC salary account. In April they charged 100+Gst (118) for no salary credit and will charge the same amount every month. I have removed all funds from that account and thinking of closing it.
I mostly use my HDFC account and rarely use this one. Should I just close it or let the balance keep going in negative?

Well, it's obvious for axes 🪓

Either close the a/c or migrate it to savings/Liberty/bsbd account.

 

[raghu.rokda]

Yes rules changes from 1 April 2024

 

[raghu.rokda]

I had this account for almost 6 years and only received salary in it for about 6 months. After that using HDFC salary account. In April they charged 100+Gst (118) for no salary credit and will charge the same amount every month. I have removed all funds from that account and thinking of closing it.
I mostly use my HDFC account and rarely use this one. Should I just close it or let the balance keep going in negative?

On which date your charges occurred?

 

[shadow]

On which date your charges occurred?

Yes rules changes from 1 April 2024

22 April.

Well, it's obvious for axes 🪓

Either close the a/c or migrate it to savings/Liberty/bsbd account.

Any charges for migration and does these accounts have any charges?

 

[Shubham Yadav]

I had this account for almost 6 years and only received salary in it for about 6 months. After that using HDFC salary account. In April they charged 100+Gst (118) for no salary credit and will charge the same amount every month. I have removed all funds from that account and thinking of closing it.
I mostly use my HDFC account and rarely use this one. Should I just close it or let the balance keep going in negative?

This bank is such a corporate scammy bank

Deducting charges for not crediting salary

Bank can easily convert salary account into saving account

But no charges kaatna h khoon choosma h customer ka

 

[shadow]

This bank is such a corporate scammy bank

Deducting charges for not crediting salary

Bank can easily convert salary account into saving account

But no charges kaatna h khoon choosma h customer ka

Definitely. I never had any problems with HDFC. But axis has many times deducted bogus charges.

 

[raghu.rokda]

22 April.

So not any credits transaction in last 4 months

 

[shadow]

So no any credits transaction in last 4 months

I don't understand what you're saying

 

[raghu.rokda]

I don't understand what you're saying

Mera kehne ka matlab ye tha ki..

apne pichle 4 mahine mai koi credit transaction ni kiya kya account mai

 

[VISHESH_BANSAL]

This bank is such a corporate scammy bank

Deducting charges for not crediting salary

Bank can easily convert salary account into saving account

But no charges kaatna h khoon choosma h customer ka

Savings ka NMC 600+ Hai🤣

Phir bologe Savings kyu kiya automatic

 

[shadow]

Mera kehne ka matlab ye tha ki..

apne pichle 4 mahine mai koi credit transaction ni kiya kya account mai

I see.

There were 2 credits 10k each on 5 and 22 January. Then 100 credit via UPI in first week of April.

 

[raghu.rokda]

Savings ka NMC 600+ Hai🤣

Phir bologe Savings kyu kiya automatic

Ek hi tarika hai bachne ka

BSBDA mai convert karwa lo 😂

 

[shadow]

Ek hi tarika hai bachne ka

BSBDA mai convert karwa lo 😂

Ya account hi band karva do Axes ka💀

 

[its_karan]

Ya account hi band karva do Axes ka💀

Band karwao bhai

Axis ka Customer matlab CustaMar

 

[_amit_]

• Every bank mentions that non-credit of salary for 3 consecutive month will amount to downgrade and conversion to savings along with charges.
• If you go to bank and create salary account they ask for corporate tie-up and will reject in case not present.
• If you had a salary account earlier, changed companies which does not have tie-up, many bank system ignore this.
• People even used to send NEFT themselves to trick that its salary. (This fails in Axis now if it comes from company without tie-up)
• Axis bank used to ignore this as well in case of company change.

But starting this year Axis bank introduced Suvidha Salary Program which I think is merely a system upgrade, which

• now captures salary credit with corporate tie-ups accurately it seems
• Axis have since January 2024 sending emails to their salary account customers to check the corporate tie-up in case not there, and update accordingly if they receive this email
• or they will charge 100 and also downgrade to appropriate savings account

 

[_amit_]

So not any credits transaction in last 4 months

What I understand is that the salary is not credited since 5 years and 6 months.

• The account was created 6 years ago
• Salary was credited for 6 months
• Changes happen and salary now credits to HDFC salary account
• Axis account is still marked as salaried without credit since more than 5 years
• After so much year, now they charged 100 rupees.

@shadow this is the case, right?

 

[_amit_]

ICICI and HDFC still has this so called flexibility but Axis has fixed their system starting this year.

 

[shadow]

What I understand is that the salary is not credited since 5 years and 6 months.

• The account was created 6 years ago
• Salary was credited for 6 months
• Changes happen and salary now credits to HDFC salary account
• Axis account is still marked as salaried without credit since more than 5 years
• After so much year, now they charged 100 rupees.

@shadow this is the case, right?

Yes that's the case. They started charging this amount from last month and charge it every month. I can't see any advantage of keeping this account anymore.

 

[_amit_]

Yes that's the case. They started charging this amount from last month and charge it every month. I can't see any advantage of keeping this account anymore.

Technically you enjoyed the account until it lasted. I assume that they would not even have charged any AMC for debit card too.

If it was savings, your account balance would have been in negative.

Clean and close the account.