ATM Bank Charges: Online payment ie UPI is free. But now you have to pay more than before to withdraw money from ATM. For every transaction done after the withdrawal limit, the bank will charge you more than before. All major public and private banks across the country have changed their ATM withdrawal rules. Banks are now charging Rs 15 to 25 in the name of withdrawal. How to get rid of this charge?
First know about the new rules of the bank
SBI ATM Charges
If you use the card in metro cities, the number of free transactions here is limited to 3. For usage beyond the free limit, the bank charges Rs 10 for each cash withdrawal. SBI charges Rs 20 per transaction if you transact from another bank’s ATM. Apart from this, GST is also charged from the customers.
pnb atm charges
If you use the card in metro cities, the number of free transactions here is limited to 5. For usage beyond the free limit, the bank charges Rs 10 for each cash withdrawal. If you transact from ATMs of other banks, then there is a rule of 3 free transactions in metro cities and 5 free transactions in non-metro cities.
amount per transaction
Let us tell you that the first 3 transactions from the bank’s ATM in six metro cities are completely free. The six cities are Mumbai, Delhi, Chennai, Kolkata, Bangalore and Hyderabad. This includes both financial and non-financial transactions. Whereas in non-metro cities, ATM withdrawals can be done 5 times.
Rs 20 per transaction for financial transactions and Rs 8.50 for non-financial transactions beyond the prescribed limit in metro cities. Which has now been reduced to Rs 21. Due to the cost associated with the installation and maintenance of ATM machines, it has been decided to increase the transaction fee.
Save this fee in this way
If you want to avoid these charges, you can use ICICI Bank Wealth Account. Because in this account you do not have to pay annual debit card charges. And if you withdraw money from ICICI Bank ATM, you will also be charged. Not a single rupee will be charged. However, if you withdraw money from another bank’s ATM, you will have to pay this fee.
