+ Post a Comment HERE!   + Ask a Question / Post a Topic
Results 1 to 3 of 3

Widthrawal from ATM to be costly affair soon -limited to 3 free transaction per month


  1. #1
    Savera's Avatar
    Savera is offline eTI Aluminium

    Widthrawal from ATM to be costly affair soon -limited to 3 free transaction per month

    This is the news I just saw :

    Frequent withdrawal of cash from ATMs or automated teller machines will become expensive from November, with the Reserve Bank of India (RBI) imposing a limit of three free transactions per month from ATMs of other
    banks and five from the same bank in metropolitan cities.

    A customer will be required to pay a fee of up to Rs. 20 for using ATMs beyond the permitted numbers of transactions in Delhi, Mumbai, Chennai, Bangalore, Kolkata and Hyderabad.

    Now that is bad, first they made us used to ATMs and now charging so much.. On an average I see people using ATM 5-10 times a month , now thats bad..

    What do you say?


  2. #2
    Aarish Rizvi's Avatar
    Aarish Rizvi
    Aarish Rizvi is offline eTI Bronze
    That is sad news.. usually I try to withdraw small amount as much as possible as if I keep large amount with me in wallet, not matter what, I will end up spending it quickly.. now since atm transaction will be costly.. I have to rethink about it.

  3. #3
    waktem's Avatar
    waktem is offline eTI Iron
    Its a very bad news to hear that now anyone can trasact only three times from other bank it will reduce the option for the customer.

+ Post a Comment HERE!

Similar Topics and Discussions

  1. Free 100MG 3G data recharge from DATA Docomo (Limited period)
    By Aarish Rizvi in forum Tata Docomo Forums
  2. Money Transaction cancelled in spite of debited.
    By Jay in forum Banks Complaints
  3. BSNL reduced charges of HOME UL 900 from Rs. 900 per month Rs. 750 per month
    By Khabri in forum Computer & Technology News (IT) forum
  4. How to save bandwidth while surfing over Limited / costly bandwidth connection
    By Ricky in forum Computer & IT Tutorials / Articles
  5. ATM transaction is going to costly: Rs. 15 per transaction ?
    By Ricky in forum Indian Business & General Market Forum

Tags for this Thread

Have Question? Ask now free!