ATM Transaction Limit: Withdrawal of money from ATM is expensive, RBI increased transaction charge

News India Live, Digital Desk: ATM Transaction Limit: According to the instructions of the Reserve Bank of India (RBI), now for the bank customers Using ATM has become expensive. Banks have implemented new fees after the RBI gets approval to increase the ATM transaction charge. Now after the ATM free limit is over, you will have to pay extra money.

• Customers from their bank’s ATM A total of 5 free transactions in a month (Financial and non-financial).

• From another bank’s ATM Only 3 free transactions a month in metro cities And 5 free transactions in non-metro cities Will be able to do

How much will be charged after the limit is over?

Previously, after the end of the free transaction limit, the maximum of ₹ 21 was charged per transaction. Now it has been increased by ₹ 2.

• Now ₹ 23 + GST ​​on each transaction Will have to give.

• this rule Cash recycler machines (CRM) But the transactions will also be applicable.

RBI issued notification

Reserve Bank of India 28 March The notification had issued a notification to say that after the end of free transaction limit, the customer per transaction Maximum ₹ 23 + applied tax Can be charged.

Fee on non-financial transaction

Some banks will also charge a fee for non-financial transactions (such as balance check, mini statement etc.). For example:

New rules implemented in these banks from today

The major banks that implement these new rules from today are:

• state Bank of India (SBI,

• HDFC Bank (Hdfc bank,

• Punjab National Bank (Pnb,

• IndusInd Bank (Indusind bank,

All customers advise to keep in mind the new limit while doing ATM transactions, so that additional charge can be avoided.