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ATM rules to change from January 1, 2022 - Check revised ATM rules, charges here - The notification issued by RBI said that customers will need to pay Rs 1 more than what they were paying earlier to withdraw money.
Debit and credit cardholders are in surprise as the RBI has decided to raise ATM withdrawal fees for both public and private banks across the country. The increased fees will go into effect on January 1, 2022. It should be noted that the increased costs will apply once the consumer has reached the free monthly limit. According to the RBI notification, customers would need to
Since these new rules are set to impact the day-to-day lives of a common man and hence it is important to know more about these changes in detail.
Introducing the revision of services in savings bank accounts, the lender in a notice said the free transaction limits (for select facilities) and lock discounts offered to individual savings bank customers are being revised from July 1, 2021.