Saturday, April 18, 2009
Use any ATM without extra fee
On April 1 onwards you need not pay any extra money to use ATM of any bank. Reserve Bank asked to all banks not to charge any fee for cash withdrawals using ATM and debit cards issued by other banks from April 1 onwards. Earlier, banks charge Rs 20 per transaction when you use the cash machine of any bank other than the one in which you have an account with. Now you can go your nearest ATM with any bank's ATM card and withdraw money not to pay extra money. However, banks can still charge extra for services such as cash withdrawal with the use of credit cards and at ATMs located outside India.
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