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SMS charges by Banks

This petition had 8 supporters

I have been maintaining a minimum balance of above RS.50000 in my C/A account for which I don't get any interest as per their rules and regulations but even without informing or intimation they just started deducting SMS charges of RS.59 every month without fail and also IMPS transactions charges of RS. 5.90 for every transactions made which is mandatory by reserve Bank, but why RS.59/ month for just sending a maximum of 15 SMS/ month when the almost all Telecom companies offer us 3000 SMS for just RS.15 - 25. This is day light robbery by banks . And one more just like the above a fixed huge amount for non maintaining of minimum balance, why not charge interest for the difference of amount for the period which is acceptable for everyone.

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