ATM charges

PNB Customers Paid Rs 645 Crore Fees For Using ATMs; Paid Rs 239 Crore Penalty For Not Maintaining Min Balance Public sector lender Punjab National Bank said that it earned over Rs 645 crore during the financial year 2021-22 through ATM…

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…

ATMs across banks will undergo a change starting from August 1,2021 according to RBI Mandate More adjustments were adopted in June following the Reserve Bank of India's (RBI) mandate, which saw the interchange fee for ATM cash…

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…

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…

Yesterday, Social Media was abuzz with the news that India’s largest bank: SBI will now charge Rs 25 per ATM withdrawal of cash, irrespective of how many times ATM has been used. This news stirred a hornet’s nest, because…