ATM transaction fees for bank customers are set to rise from january 1, 2022.

After this fee increase, you may have to pay extra for ATM card transactions.
The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india has given permission to raise tariffs from january 1, 2022.
Increase in fees
According to the announcement, from january 1, 2022, charges will be levied for cash withdrawals and other uses at ATMs. At present, banks offer free withdrawals up to 5 times a month. After that, it has been increased from 20 rupees to 21 rupees per transaction.

Fees for cashless transactions
Withdrawals more than 5 times after this announcement by the Reserve bank will result in higher fees. The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india issued a notification on june 10, 2021. Fees will be charged for more than 5 transactions. There will also be a charge for non-cash transactions.

Free transaction
This includes free transactions three times in metro cities and 5 times in non-metro cities. So from january 1 you will have to pay a fee of 21 rupees + plus tax. So you will have to pay more from january than the current tariff rates.

Already on the rise
 Already hdfc bank and Axis bank have increased fees. In this situation, from january 1, other banks are to raise this fee. It will be increased in january after seven years. This tariff hike will come into effect as it increases the cost of operating the ATM.

మరింత సమాచారం తెలుసుకోండి:

ATM charges

Sindujaa D N

06/12/2021 05:41 PM