Effective 1st July, 2011 RBI has mandated the following changes to:

 

 

 



 

USAGE OF OTHER BANK ATMs – FEES

  • SAVING ACCOUNT – The permitted 5 free transactions per month at other Bank ATMs will include Financial as well as Non-Financial transactions.
     
  • Charges for transactions over the free ones:
    • Rs. 20.00/- (including taxes) per Financial transaction – i.e. Cash Withdrawals
       
    • Rs. 8.50/- (excluding taxes) per Non-Financial transaction – i.e. Balance Inquiry, Pin Change & Mini Statement.
Usage of other Bank ATMs charges
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https://www.investmentkit.com/articles/wp-content/uploads/2012/02/rbi_logo_0.jpghttps://www.investmentkit.com/articles/wp-content/uploads/2012/02/rbi_logo_0.jpgAdminBankAuto,balance inquiry,bank atms,cash withdrawals,change,Draft,Financial,free ones,PIN,pin change,Statement,transactionEffective 1st July, 2011 RBI has mandated the following changes to:     USAGE OF OTHER BANK ATMs – FEES SAVING ACCOUNT - The permitted 5 free transactions per month at other Bank ATMs will include Financial as well as Non-Financial transactions.   Charges for transactions over the free ones: Rs. 20.00/- (including taxes) per Financial transaction – i.e. Cash...Tutorials to Educate Investors