No charge for using third party ATMs from April 1
March 29th, 2009 Leave a comment Visited 29 times, 1 so far today
No charge for using third party ATMs from April 1
There is good news for ATM users in the Indian market.
As per the RBI regulations, banks would not longer be able to charge a fee from rival bank customers who use their ATMs.
Essentially, you would now be able to use your ATM-Debit Card with any ATM machine operated by any bank from April 1.
Banks would however still be able to charge a fee for other services.
Customers would also be able to get mini bank statements from any ATM machine without paying a fee from next month.
atm, atm machines, Banking Sector, Banks, India, RBI, Reserve Bank of India
Manuj Kumar
Category: News
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