NWD in HDFC Bank Statement What is NWD Charges in HDFC Bank NWD Charges in HDFC Bank in Hindi: We often use a credit card or debit card for money withdrawal. If you are using an ATM card of HDFC bank or another then you must hear various terms such as ATS, NFS, AWB, EAW, OWD, ATW and NWD, etc. regarding the ATM withdrawal from the bank account.
HDFC Bank Overview –HDFC Bank is one of India’s leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994. Currently, HDFC Bank has a banking network of 5,779 branches and 17,238 ATMs in 2,956 cities/towns.
NWD in HDFC Bank Statement stands for ‘Network Withdrawal‘. When a credit card of HDFC Bank is used to withdraw money from a different bank’s ATM is known as NWD. Usually, the bank charge extra in case of NWD transactions. If you see NWD printed on the HDFC Bank statement or receipts it means that the consumer used the credit card in a different bank’s ATM.
If a consumer is using HDFC Credit Card in the HDFC Bank ATM then the bank will not charge any money in the name of NWD. Almost every bank allowed some free ATM transactions to its customers. The free transaction limit may be different, it totally depends on the bank.
NWD Charges in HDFC Bank in Hindi
एचडीएफसी बैंक स्टेटमेंट में एनडब्ल्यूडी का मतलब ‘नेटवर्क विदड्रॉल‘ है। जब एचडीएफसी बैंक के क्रेडिट कार्ड का इस्तेमाल दूसरे बैंक के एटीएम से पैसे निकालने के लिए किया जाता है तो इसे एनडब्ल्यूडी कहा जाता है। आमतौर पर, बैंक एनडब्ल्यूडी लेनदेन के मामले में अतिरिक्त शुल्क लेते हैं। अगर आप एचडीएफसी बैंक स्टेटमेंट या रसीदों पर एनडब्ल्यूडी छपा हुआ देखते हैं तो इसका मतलब है कि उपभोक्ता ने क्रेडिट कार्ड का इस्तेमाल दूसरे बैंक के एटीएम में किया है।
What are NWD Charges in HDFC Bank?
HDFC NWD charges totally depend on the types of transactions. Minimum NWD charges are ₹25/- in HDFC bank. Network withdrawal charges are applied only for those transactions made from another bank’s ATM rather than HDFC.
So these are the useful details regarding HDFC NWD. So the NWD meaning is ‘Network Withdrawal’ used in HDFC. If you still have any confusion related to this topic feel free to ask via the comment box. We will be glad to answer your query.