Axis Bank
DEDUCTION OF CONSOLIDATED CHARGES

Dear Authority,

Our company, ”GANDHI AUTOMATIONS PVT LTD” has a “ZERO BALANCE SALARY ACCOUNT” for its entire staff at AXIS BANK Goregaon Branch.

From the said accounts, there has been a deduction of consolidated charge on 30/3/09.from almost 150 accounts of our employees

While inquiring with one of the executive at the Goregaon branch we were told that such charges are deducted when the minimum balance of Rs.10000/- is not maintained in the particular account and also when number of transactions (including deposits, withdrawals) exceeds 6 (times)

When talked to the Branch MAnager Ms. Arpita about the same she told that same was intimated to all the account holders in the last quarterly bank stament in the "FINE PRINT"

As you know even the RBI guideline rules out "FINE PRINT" notices and amendments

This is totally not acceptable and we want you to take up this matter

In case of query you can call us on 022-66720314/66720260.

Expecting you attention and kind ccoperation.

GANDHI AUTOMATONS PVT LTD.

Vidisha Mehta

HUMAN RESOURCE DEPT.

hrd@geapl.co.in

022-66720314/260

Company: Axis Bank
Country: India

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