Free ATM transaction

RBI directs banks not to count failed swipes, balance enquiry as free ATM transactions

No charges will be levied on failed transactions, the RBI said.

 

Aug 15, 2019, 13:24 PM IST

SBI customer to enjoy unlimited ATM transactions if A/C balance is above Rs 25K

SBI will offer unlimited ATM transactions on its home ATM for customers who maintain Rs 25,000 balance in their account in a month on an average.

Oct 15, 2014, 09:34 AM IST

RBI cuts number of free cross-bank ATM transactions to 3 per month

Frequent withdrawal of money from ATMs will become expensive from November, with the RBI imposing a limit of 3 transactions per month from ATMs of other banks and 5 from the same bank in six metropolitan cities.

Aug 14, 2014, 22:10 PM IST

RBI cuts number of free third-party ATM transactions to 3 per month

The RBI has also imposed a charge of Rs 20 on additional use of such third party ATMs.

Aug 14, 2014, 19:13 PM IST

Five free transactions from third-party ATM likely to come down to two

At present A/c holders enjoy five free transactions per month at the ATMs of banks other than their own, while there is no such limit for use of own-bank ATMs.

Aug 02, 2014, 09:42 AM IST