ATM

Sun is blistering in its full glory, and you are driving from New Delhi’s Janpath to Noida Sector 18. In between, you feel the need to visit a loo. But how can you search a toilet? Until yesterday, the only option you had was to ask…

The massive ransomware attack by Wanna Cry is getting worst by the hour and has already hit over 160 countries around the world. India is no exception, and Asia is one of the worst hit continents. The attack has wrecked havoc which…

On November 8th, Govt. of India had announced one of the biggest financial shake-ups this country ever witnessed, when it demonetized Rs 500 and Rs 1000 currency notes, thereby cancelling the legality of 86% of circulating cash in the…

As per various estimates, more than 50% of the demonetized currencies have returned back to the system. This means that cash is not being hoarded anymore, and the markets are circulating currencies like before. Signaling ease of…

You would be surprised to know that Indian Railways earn less than 5% of their revenues via non-fare sources. In order to increase this share, and to introduce innovative approaches for generating revenue, IRCTC is all set to unleash…

On the night of November 8th, when PM Modi announced demonetization and called for a national push towards a cashless economy, he also announced two very beneficial steps, which helped the citizens at large: No ATM fees on using ATMs…

Most of the banking systems in developed and developing countries do not place any cap on ATM withdrawals - customers can withdraw money from ATMs as many times as they wish. But in India, banking rules are different. Even if you are…

Very soon you might not need to carry your Debit card or remember your PIN to withdraw cash from an ATM Machine. DCB Bank has launched Bangalore’s first Aadhaar & Fingerprint (Biometric) based ATM machine in Bangalore. Anyone can…

Update: We have been getting many calls and emails stating that "ATM usage for home bank is still free. However, various media reports suggest that it is capped at 5 for Metro cities. On the other hand, RBI circular is slightly confusing as…

ATMs are popular, very popular and the reason is obviously that it makes it super easy for any individual to withdraw cash any time they want. But the main reason is also because ATM transactions are free! But looks like very soon you…