What are the most common hidden bank charges in India?

Answers from the sources

  1. NYVO

    “The usual ones are minimum-balance penalties, ATM fees beyond the free limit, SMS-alert charges, debit-card annual fees, cheque and auto-debit return charges, forex markup, and account-closure or duplicate-statement fees. Most carry 18 percent GST. Small individually, together they can run into a few thousand rupees a year.”

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Published
2026-10-23
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2026-10-23
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