Updated By: LatestGKGS Desk
Banks to ignore all ATM charges levied on same bank ATM or other
RBI to not deduct ATM charges for withdrawing cash from same banks ATM or other banks ATM till 30th December
Reserve Bank of India has declared that no bank charges to be deducted from the bank accounts in use of ATM service.
The bank deducts certain amount from the bank accounts for using ATM from the same bank or different bank.
RBI step to help people fight against corruption
But now RBI has decided to not deduct any amount for the ATM charges till 30th December.
RBI has taken this decision to reduce the inconvenience of the people and benefit the people.
People can withdraw to the limit of Rs.24000 per week and no bank charges would be deducted for withdrawing the cash from the ATM.
Bank accountholder can withdraw the amount from the ATM of the same bank or another bank to fight against corruption.
