Agency News

⚡RBI Allows Banks To Hike ATM Charges to INR 23 per Withdrawal Beyond Free Monthly Usage From May 1

By PTI

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Customers are eligible for five free transactions (inclusive of financial and non- financial transactions) every month from their own bank Automated Teller Machines (ATMs).

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