As per my knowledge, in a bank, bulk charges referred to fees that consumers pay for an extensive number of transactions or activities. These fees are incurred when a consumer does more transactions than allowed, such as performing too many cash withdrawals or excessive transfers in a short period of time. These fees are typically assessed against companies, corporations, and other enterprises that keep substantial sums of money in their accounts or engage in a lot of high-value transactions. For keeping such bank accounts with a premium average monthly balance, the Indian Bank levies a fee.
You can learn more about what is bulk charges in Indian Bank here. Get the best home loan deals at lowest interest via NoBroker.Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
What are bulk charges?
Suresh raj
717 Views
1
2 Year
2023-07-16T11:30:09+00:00 2023-08-01T20:27:28+00:00Comment
Share