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Vide RBI circular no: DBR. Dir. No. .84/13.03.00/2015-16, dated 3rd March 2016, Bank will be crediting interest of savings account at quarterly basis from Financial Year 16-17
Locker Rent for Lockers held with HDFC Bank, for FY 16-17, will be debited on 1st April 2016. We request you to kindly maintain adequate funds in your linked account, to enable recovery of the rent.
Pls note 1st April 2016 is a Non Business Day for Non Equity Schemes, any transaction reported post 31st March 2016 Cut Off (2.00 PM) will be processed by AMC/RTA on the next business day and NAV as applicable by AMCs will be allotted. For Equity Funds any transaction reported post 31st March 2016 Cut Off (2.00 PM), NAV shall be applicable as of 1st April 2016 for transactions less than Rs.2 lacs. For transaction value of Rs.2 Lacs & above NAV applicability will be of next business day as allotted by the AMC.
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