Waive off Charges on Online transfers upto 2 lakhs
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Now given that banks have decided to levy a charge of Rs.150 or Rs.5 per 1000(whichever is higher) on cash transactions of more than 4, they should now waive off the charges levied on NEFT and IMPS transactions upto a daily limit of Rs. 2,00,000. Else peolple will resort too cash transactions outside of the banking system..and deposits in banks will also take a hit if a customer is being charged both ways (online and offline) for using his own hard earned money. So I request Hon.Arun Jaitley, Minister of Finance,Govt of India and Urjit Patel, Governor , Reserve Bank of India to look into this and take action as they find appropriate
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