Punjab National Bank · statement narration
ECS RETURN CHG
ECS RETURN CHG on your Punjab National Bank statement — A charge when an ECS debit is returned unpaid. The charge is ₹118, including 18% GST.
Also printed as
ECS RETURN CHARGES, ECS DEBIT RETURN, ECS FAIL CHG.
Hinglish mein
ECS debit wapas hone par lagne wala charge.
What it costs, including GST
Retail Banking Service Charges · Branch
₹118
₹100.00 before tax
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Punjab National Bank return of an ECS debit for insufficient funds. Charges are exclusive of GST wherever applicable.
Why it happened
An ECS debit was presented and returned, usually for insufficient balance.
How to avoid it
Keep enough balance ahead of scheduled ECS dates.