Tuesday, November 8, 2011

Rs. 100 per transaction removed by HDFC

It appears that HDFC has removed the transaction charge for online payment for EMI. 
Please refer my thoughts on transaction fee of Rs. 100 that HDFC had introduced last year. 

Has NHB's circular done the trick?
(I bet they will soon introduce some irresistible "schemes" for existing customers who are paying much higher interest rate (apart from the regular loan conversion offers))

But hold on before you jump the guns. 
HDFC requires you to register your bank account with them if you want to continue availing the online payment facility. Get the form here

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