Stick Bills™

Dear Sir,
This is with reference to my Demat Account No – 26201634 DP ID – IN 301151 with you I have complain against my depository M/s HDFC Bank LTD Fort mumbai as under.

Fact Of The Case:
I had open a demat with the HDFC Bank (Hereafter refer as Bank). At the time of opening of account bank personal is tell me that certain AMC charges is debited to your account against our DP services from second year and first year AMC is totally free to you. Now at the time of completion of first year bank has charged Rs. 551.50 (500+service tax) to my account for advance AMC charges against Second year demat Services.

When I see the charges debited to my account I was rushed to bank for closing of demat account and ask for reversal of pro rata charges to my bank accounts But bank personal is denied for reversed the charges and reply that this is bank policy. This is my request that please go through the case and ensure the reversal of above charges as I am not using any services from Bank.

Thanks & Regards,
CA Manish Malpani
ACA, CS, DISA (ICAI)
Landline +912230083800 Ext 27

In: Banks,Stock Market,Unauthorized Charges Posted By: Manish Malpani [ ]