Kumari Palany & Co

No charges on ATM transactions till December 30

Posted on: 15/Nov/2016 10:36:16 AM
In order to lessen the burden of people, the Reserve Bank of India has taken another initiative which would help the people throughout the nation. In a press release, the RBI has mentioned: It has been decided that banks shall waive levy of ATM charges for all transactions (inclusive of both financial and non-financial transactions) by savings bank customers done at their own banks` ATMs as well as at other banks` ATMs, irrespective of the number of transactions during the month. The waiver is applicable on transactions done at ATMs from November 10 till December 30, 2016.