HDFC Bank
Delay in clearing cheque

I had deposited an ICICI bank chq in my HDFC account on 12th Nov and ICICI had debited my account on 12th itself but HDFC bank has given credit for this cheque only on 15th Nov evening as a result of which my EMI chq dated 15th Nov was returned. I can't understand how local cheques take 4 days to clear incl deposit date - though in my account on 14th they have shown credit but with value date of 15th. Why can;t credit be given on 15th morning and honour my EMI chq. HDFC has charged me Rs. 350 as chq return charges even though amount is available and Hsg loan I have to pay chq return charges

Company: HDFC Bank
Country: India

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