ATM Transactions

Cardless ATM Withdrawal Via UPI Will Be Rolled Out For All Banks: RBI Mandate RBI Governor Shaktikanta Das said that a proposal has been made which would make cardless cash withdrawals possible using UPI. Pandemic Idea Currently,…

Pay 5% Extra Charges To Use ATM From This Date: After Free Limit, ATM Withdrawal Charges Increased To Rs 21 The Reserve Bank of India has declared that if consumers exceed their monthly limit of free transactions on their debit or…

The new rates will come into effect from January 1, 2022. RBI has greenlit a hike in ATM transaction charges imposed by banks to Rs 21 per transaction. Rs 21 is the upper limit to which banks can increase charges after customers…

The central bank will compensate banks for the increased interchange fee and the general increase in ATM operational costs. The Reserve Bank of India recently authorised banks to raise ATM fees levied on customers after their free…

The SBI has released a statement announcing that the new rules and regulations for the basic savings account holders will come into effect from July 1, 2021. The State Bank of India (SBI) has changed rules and regulations for cash…

Overhead ATM fee charged for unsuccessful transaction due to insufficient balance in savings balance, for different banks. Most of the time, we ignore checking our savings account balance, before debiting cash from an ATM. In this…

If you are thinking of giving someone your ATM card to withdraw money, think again! If there is some problem during the transaction, you will lose the money and the bank will not be responsible for it. You might think sharing PIN…

On Tuesday, a 23-year-old cab driver from Delhi was arrested by the city police with his associate, both are accused of robbing money from ATMs which are not guarded by security guards. How Did This Happen? As per the information…

Massive ATM Fraud In Kolkata: 32 ATM Card Holders Robbed Of Lakhs Via This ATM Fraud ATM skimming fraud hits again. And this time, its 30 people in one go, and there might be more. Yes, 30 people have complained of being…

Banks Will Pay You Rs 100/Day For Failed Transactions; Turn Around Time Mandated To Maximum 5 Days! In a gigantic move serving to the best interest of customers, the Reserve Bank of India on Friday announced norms regarding a prescribed…