Axis Bank deducts charges for Transaction SMS Notifications it sends to it’s customers.
Though for following transaction I didn’t get the notification message when the transaction occurred.
BRN-CLG-CHQ PAID TO CHANDRA NET PRIVATE Rs6,199.00 Dr
I had to login to bank website to find our money was deducted for above transaction.
What if some fraud occurs in account and the customer don’t get notification ?