No charges on ATM transactions till December 30th

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No charges on ATM transactions till December 30th

In order to reduce the burden of people, Reserve Bank of India has taken up another initiative to help people throughout the nation. A press release, RBI has mentioned that they have decided that banks shall move for levy of ATM charges for all transactions(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.

 

 

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