ATM Cash Withdrawal Charge : SBI, PNB, HDFC and ICICI Bank changed the rules, now customers will have to pay this much charge for withdrawing money from ATM.
3 min readATM withdrawal price: This information is of nice use for financial institution customers. If you’re additionally a buyer of SBI, PNB, HDFC and ICICI Bank, then it is extremely necessary for you to know this information. Today we’re going to let you know that now the ATM person will have to pay this much charge even for withdrawing money…
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All banks in the nation supply a sure variety of free ATM transactions to their customers each month. If this restrict is exceeded inside a month, customers will have to pay additional on each ATM transaction, be it monetary or non-financial.
As per the newest pointers of the Reserve Bank of India, banks can charge a most of Rs 21 on every withdrawal regardless of the variety of free transactions. Come, tell us which banks give restrict for what number of transactions in a month and how much charge you will have to pay after that.
How many transactions will be free in a month?
Most banks supply customers 5 free transactions each month. If it isn’t used, this restrict doesn’t carry over to the subsequent month. Come, tell us about the guidelines of some main banks of the nation.
Punjab National Bank ATM
PNB permits 5 free transactions each month at its ATMs in each metro and non-metro areas. After this, customers will have to pay Rs 10 on every transaction. At the identical time, at ATMs of different banks, PNB gives three free transactions in metro cities and 5 free transactions in non-metro cities. After this the financial institution will charge Rs 21 plus tax for monetary transactions. PNB will charge Rs 9 plus taxes for non-financial transactions.
SBI ATM
State Bank of India gives 5 free transactions (together with non-financial and monetary) at its ATMs for common month-to-month stability above Rs 25,000. Transactions above this quantity are limitless. There is a charge of Rs 10 together with GST at SBI ATM for monetary transactions exceeding the restrict. At different financial institution ATMs, it’s Rs 20 plus GST per transaction.
ICICI Bank ATM
ICICI Bank permits its customers 3 free transactions in metro areas and 5 in non-metro areas each month. After that, Rs 8.5 is charged for each non-financial transaction and Rs 21 for each monetary transaction at ICICI Bank ATMs.
HDFC Bank ATM
There is a restrict of 5 free transactions each month at HDFC Bank ATMs. For non-bank ATMs its restrict is 3 transactions in metro areas and 5 transactions in non-metro areas. After exceeding the restrict, customers will be charged Rs 21 for every monetary transaction and Rs 8.5 for every non-financial transaction.
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