NEW DELHI, 31, Sep 2014 :
Using ATMs to withdraw money or for other purposes like balance enquiry
beyond five times in a month will attract a levy of Rs 20 per
transaction from Saturday.
As per the Reserve Bank's new guidelines
that comes into force from Saturday, bank customers in six metros —
Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bangalore — are allowed
to withdraw money and/or carry out non-financial transactions like
mini-statements at ATMs of banks, where they hold saving/current
accounts, free of charge only five times a month.
Every transaction beyond this threshold will be charged Rs 20 per use.
