Reduction of bank charges on common man
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All public and private sector banks in India imposed very high charges on bank transactions, which cannot affordable by common man. Most of these banks given given loan relief to big industrialists and to recover those losses, they are imposing charges and transaction limits for bank transactions.
For example, banks are giving 3 free cash transactions and 20 to 40 internet banking transactions per month. How can a street vendor, rickshaw puller can utilize these internetbanking transactions.
Apart from that, everyone need to maintain monthly minimum balance based on their branch location. How can a common man maintain a minimum balance. Zero balance accounts are there for namesake. We cannot get much benefits with those accounts.
This is clearly "an official robbery" of banks from a common man.
My humble request to all of you to sign this petition to reach the message to RBI and prime minister of India to get the reduction on bank transaction charges.
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