In this blog we are going to tell you about Is It Possible to Get Axis Bank Consolidated Charges Refund, so read this blog carefully to get the complete information.
A consolidated charge is an unfamiliar word that is only noticed by people when they see a reduction in their Axis Bank statements. It is a basic charge for the non-upkeep of normal parity in accounts. Consolidate charges are a reduction in the Axis bank statement however most of the customers are completely unaware of its meaning.
Continue reading the article to know all the details related to consolidated charges and learn if it is possible to get Axis Bank consolidated charges refund.
What are consolidated charges in Axis Bank?
If you have a customer account with Axis Bank that means you have to bear charges applicable in the name of Axis Bank charges. It depends on the kind of account you have with Axis Bank. On different services and products, you receive from Axis Bank various charges may apply to the same. At the end of the month or quarterly, these charges will be deducted from your bank account along with the GST charges. The same is called consolidated charges in the Axis Bank.
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Information of reduced consolidated charges for Axis bank account
To get information about the charges detected from your account in the name of consolidated charges you have three options
These procedures are the guide to determining the details of the reduced consolidated charges for the Axis bank account.
- Axis Bank portal
- Net banking
- SMS banking
A step-by-step guide to getting details of reduced charges for Axis Bank
- Firstly you need to log in to your Axis Bank account.
- Then select the “account” option and click the bank account.
- Select the “View Detailed Advertising” option.
- Now select the “More Services” option and select “View Account Charges” option.
- Now you need to click on the charge to be deducted from the charge list and select the “Levied Charge Details” option.
- Now on the screen, it will show you the deductible consolidated charges detail.
With the help of this method, you can easily find out the details about the deduction made from your Axis bank account which has been implied to be a consolidated charge for your Axis bank account.
List of charges under the consolidated for Axis bank
You can easily review the updated list of charges levied as consolidation charges for Axis Bank customers by visiting the Axis Bank portal. The bank will make changes in the fees applicable to various services and products from 1 July 2021.
For different bank accounts, there are different charges which you can review the revised consolidated charges in the Axis Bank salary account for the Axis Bank current account charges by visiting the official website.
How to get Axis Bank consolidated charges refund?
If you have found that the consolidated charges deducted from your Axis bank account are invalid or inappropriate you can directly visit your home branch or contact the bank of officials.
These charges are only refundable by the bank in some special cases where it is detected by mistake or due to a delay in the process at the end of the bank. Moreover, in other cases, there is no provision for refunding the number of consolidated charges deducted from your Axis bank account. Even in the case of cancellation of transaction charges especially for IMT or VMT, NEFT and IRCTC transaction deductions are not fully refundable.
The Final Words
To avoid unnecessary charges levied in the form of consolidation charges Axis Bank advises its customers to always be aware of the charges and services they are acquiring from the bank. The consolidated charges are only refundable by the bank if it is detected by mistake or due to a delay in the process at the end of the bank.
Conclusion
We Hope this blog is sufficient enough to provide the information about Is It Possible to Get Axis Bank Consolidated Charges Refund. Thanks for reading this blog.