Professional Documents
Culture Documents
Dump Decline / Reject Code Deduction in Rs. Fee Reversal cases 2 x of fees reversed - CBCI Dump
Decline 881, 882, 883, 884 300 CBCI/ MisInfo Complaints 1000 Per case
Dip ok & Dip Reject Cases - Rs. 500 per case for
TAT Disincentive (Appn date to
Decline 42,92 500 TAT Bust >1% to 5% and Rs. 1000 per case for
submt date exceeding 3 days)
TAT Bust >5%
Risk/Audit/Sales Compliance
Decline 46 10000 penalty including TRAI As per penalty levied by Team concerned
Compliance
INR 320 deduction per Application (As per Bank
Dip Reject 863, 865 300 Biometric KYC
Norms)
Dip Reject 870 500
* Accounts prequalifying for card basis various internal policies only considered Retail Rest (Not NEO)
IndusInd Deductions