ALERT! What are consolidated charges, why axis bank customers complaint about this services

What are Consolidated Charges: Many customers of Axis Bank are talking about deducting more money from the bank due to Consolidated Charges on social media.

What are Consolidated Charges: We all are very cautious about our bank account. If money is deducted from the bank account without any reason, then people often get upset. Recently, such problems have been seen with the customers of Axis Bank. Many customers of Axis Bank are talking on social media about deducting more money from the bank due to consolidated charges. He is constantly sharing the post with the screenshot of the account statement.

Actually, such complaints are coming about Axis Bank that the bank is deducting more money in the name of consolidated charge. Customers say that every 2-3 months they deduct money in the name of consolidated charge. Some customers have also shared screenshots of the money deducted by the bank on social media, in which 4 to 6 thousand rupees have been deducted. People are constantly tagging Axis Bank and asking why so much money has been deducted from it.

Know what is consolidated charge

Important information regarding consolidated charge has been shared on the website of Axis Bank. According to the bank, some charges are taken for each account according to its category. By combining all these charges, the name of Consolidated Charge has been given. Under this, the charges on non-maintenance of minimum balance in the account, debit card charges, message alerts, ATM withdrawals more than the prescribed limit, check bounce or auto debit failure, all these charges are counted in the consolidated charge.

@AxisBankSupport what’s this?? Did you took one of your employees salary from my account or what?? I mean seriously?? Couple of months before one of your employee told me there is no pending charges now what’s this new sense?? #axisbankchorhai #consolidatedcharges #axisbankfraud pic.twitter.com/1DiCEFkvEZ

— Syed Raheem (@syedraheem9949) September 26, 2021

It is very important to take care of these things

If your account is also in Axis Bank, then there is a need to take care while using these things. The consolidated charge is deducted by the bank at the end of every month. Therefore, it is necessary to plan ahead keeping an eye on the activities happening throughout the month. Like Axis Bank, there are many other banks which charge similar charges. Any bank charges the customer excessively at the same time when a check has bounced, an EMI is missed or the credit card payment has not been made on time. If you do not make such mistakes then you do not need to panic.

#AxisBank मतलब धोखेबाज बैंक #ConsolidatedCharges बता के पहले खाते से 4453 रुपये काटे, ऊपर से 18% #GST चार्ज भी लगा दिया। #Corona काल में भी लूट मचा रखी है।#AxisBankFraudBank@PMOIndia @nsitharaman @nch14404 @jagograhakjago @ConsumerCourt_ @JBreakingBajpai @TheLallantop pic.twitter.com/mDEuQKONEV

— Vishal Tiwari (@vishal_livee) September 26, 2021