ATM services of this bank will end from tomorrow

New Delhi : The Suryoday Small Finance Bank has issued a notification that their Automatic Teller Machine services will be discontinued from October 1, 2021 onwards. The notification has been issued on the official website of the bank.

“Due to operational reasons, Suryoday Bank ATMs will be discontinued w.e.f. 1st Oct 2021. However, you can continue to use your Suryoday Bank ATM/debit card at any other bank’s ATM for your cash withdrawal requirements.”

The decision has been taken by the bank considering less number of footfall in their ATM units.

As per a report published in The Times of India, Managing Director(MD) Suryoday R Bhaskar Babu said, “We realized that now more of our customers are not using ATMs. We are not able to make it a profitable deal. That’s why we decided that instead of running these machines, customers should be given the facility of free transactions in ATMs of other banks.”

Other bank facilities such as Internet banking and mobile banking will continue to work. The bank customers will be allowed to use their debit cards as and when required.