Different Banks charges information
When you withdraw cash from ATMs if you have crossed beyond free limit then Rs 20 to charged for each and every additional transaction. For many other transactions not involving cash, charge is now Rs 8.50.
What are cashless transactions? Balance enquiry, bank statement, PIN change number and many more are some of cashless transactions. A charge of Rs 5 to Rs 150 to be imposed when users make cash transactions free limit from HDFC, SBI and ICICI banks. Few banks are said to be bring into effective from 1st April.
Above penalty policy will not able to be applicable to savings banks but also for current or salary accounts.
Minors and senior citizens:
HDFC bank, who have minor or senior citizen account with bank has no charge to be imposed for withdrawing for about Rs 25000 per day.
Third party transactions:
Third party transactions are to be allowed upto Rs 25,000. A charge of Rs 150 is said to be applicable towards third party transfers.