Automated Teller Machines (ATMs) across banks are all set to increase service charges per transaction from Saturday, following an order from the Reserve Bank of India (RBI) and customers will have to Rs 1 more beyond the permissible free transactions for cash as well as non-cash purposes.
Get latest articles and stories on India at LatestLY. Bank customers are now required to pay one rupee more on each ATM transaction done beyond the permissible limit of free transactions. India News | ATM Cash Withdrawal Beyond Permissible Limit Gets Costlier by Re 1.
It may be noted that three successful pilots for offline retail digital payments have been conducted by the central bank in different parts of India between September 2020 and June 2021.