Public sector bank – corporation bank announced that bank will put no cap on free transactions from ATM. The bank will allow unlimited free transactions from ATM to its customers. However as per the instructions by the apex bank - Reserve bank of India has allowed the banks to charge the customers after five transactions from ATM of the own bank.
Banks have the option to provide the number of free transactions to their customers on their own. Corporation bank has decided to allow its customers have free transactions irrespective of the number.