Rs 20 per transaction for more than 5 usage on ATM

NH Bureau Saturday, 01 November 2014 07:37:24 AM

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.