NEWS & ADVICE : PERSONAL LOAN
Now 3 free transactions from non home ATMs will be allowed
By Vaibhav Aggarwal
Aug 19, 2014
Print    Email    RSS   

From long back the banks are discussing over the issue of reducing the free transactions from non home ATMs. Now it is expected that RBI will reduce the number of free transactions from non home ATMs to 3 per month. Earlier the free transactions allowed were 5 per month.

The transaction made more than 3 will be charged with Rs 20. RBI has also asked the bank to charge the customer for more than five transactions even from the home branch ATM. These rules does not account for the customers having basic or small savings bank accounts.

RBI has reported that the number of ATMs has increased to 160,000 by March-end from 27,000 seven years ago. SBI bank along with its 5 associate banks is having largest ATM network in the country. The Banks have now made ATM facilities much safer with numerous up gradations done in them.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
An Insight into Lending Rate Changes
J&K Bank raises PLR
This is how a bank lends money
Winning in Emerging Markets by Tarun...
Benefits and drawbacks of personal loans...


SIR/MADAM MY SELF PRIYA SHARMA PAN CARD FFTPS3791P...
SANGRUR: CaℒL Giℛℒ In Bathinda 09855660911...
How to check cibil score with apan card free online

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive