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Use your ATM wisely! You may be charged Rs 21 for your withdrawal

Use your ATM wisely! You may be charged Rs 21 for your withdrawal

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NEW DELHI:Automated Teller Machines across banks are all set to increase service charges per transaction from today.

Customers will have to Rs 1 more beyond the permissible free transactions for cash as well as non-cash purposes.

As per the RBI notification, banks have been permitted to charge Rs 21, instead of Rs 20 with applicable taxes, if any, shall be additionally payable.

However, the customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs.

They are also eligible for free transactions (inclusive of financial and non-financial transactions) from other bank ATMs viz. three transactions in metro centers and five transactions in non-metro centers.

Edited By: Admin
Published On: Jan 01, 2022