Service Tax for online transfers
- For Amount of currency exchanged up to Rs.100,000 - tax * will be 0.12% of amount, or min Rs.30/-
- For Amount of currency exchanged above Rs.100,000 up to Rs.1,000,000 - tax * will be Rs.120 + 0.06% of incremental amount above Rs.100,000
- Additionally, in case there is a Demand Draft drawn on Non-HDFC Bank location, extra fee of Rs. 0.75 per thousand (minimum amount of fee - Rs. 20) will be deducted.
Fees and charges are subject to change; HDFC Bank reserves the right to modify the charge schedule without prior notice.
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