Rs 20 per transaction for more than 5 usage on ATM
- For usage of ATM machine beyond 5 times will attract Rs 20 per transaction.
- This is applicable for both balance enquiry and withdrawal
- Mind it! These guidelines are for the same bank transaction and for non-banks the free usage comes down to three.
- RBI also cleared that banks can offer more free transactions on their own choice
- In India, there are more than 1.6 lakh ATM machines placed across the nation
- Currently, these guidelines are applicable for six metros -Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bangalore.
