Things To Know About The Post Office ATM card Facility
1) Post Office permits cash withdrawal of ₹25,000 per day through its ATM card, according to India Post website.
2) A maximum cash that one can withdraw in a single transaction through Post Office ATM is ₹10,000.
3) India Post or Department of Post offers free transactions to its customers at all Post Office ATMs.
4) Post Office also offers free transaction to its customers at all Punjab National Bank ATMs
5)Post Office allows three free transaction in a month when its debit card is used at other bank's ATMs in metro cities.
6) India Post allows 5 free transactions in a month when its debit card
is used at other bank's ATMs in cities other than metros.
7) In metros as well as non-metro cities, the prescribed limits are inclusive of financial and non-financial transactions.
8) India Post customers have to pay certain charges for financial and
non-financial transactions at other bank ATMs after they exceed the
prescribed limit.
9) At other banks' ATMs, any financial transaction beyond the prescribed
number of free transactions will be chargeable at ₹20 plus applicable
GST (Goods and Services Tax), according to India Post.
10) At other banks' ATMs, any non-financial transaction beyond the
prescribed number of free transactions will be chargeable at ₹8 plus
applicable GST, according to India Post.
