9911796707
TMI BlogRBI allows banks to hike ATM charges to Rs 23/withdrawal beyond free monthly usage from May 1X X X X Extracts X X X X X X X X Extracts X X X X ..... RBI allows banks to hike ATM charges to Rs 23/withdrawal beyond free monthly usage from May 1 X X X X Extracts X X X X X X X X Extracts X X X X ..... ermitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Customers are eligible for five free transactions (inclusive of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... financial and non- financial transactions) every month from their own bank Automated Teller Machines (ATMs). They are also eligible for free transactions (inclusive of financial and non-financial tr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ansactions) from other bank ATMs -- three transactions in metro centres and five in non-metro centres. "Beyond the free transactions, a customer may be charged a maximum fee of Rs 23 per transaction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . This shall be effective from May 1, 2025," the RBI said in a circular. Currently, banks are allowed to charge Rs 21 per transaction, after a customer exhausts the free transaction limit. The RBI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... further said the instructions shall also apply, mutatis mutandis, to transactions done at cash recycler machines (other than for cash deposit transactions). PTI NKD TRB X X X X Extracts X X X X X X X X Extracts X X X X ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
