Now withdrawing money from ATM has become more expensive. After the free withdrawal limit, you will have to pay a higher cost for each transaction of withdrawing money. Let’s know about it in detail.
All major government and private banks across the country have made changes regarding cash withdrawal from ATMs. This fee is 20 to 22 rupees. Different banks have imposed different rules and charges.
Know what are the new rules of which bank
SBI
In case of metro cities, the number of free transactions is limited to 3. A charge of Rs 10 is levied on cash withdrawal transactions over and above the free limit at SBI ATMs.
SBI charges Rs 20 per transaction for additional financial transactions at other bank’s ATMs. In addition to the fee, applicable GST is also charged to the customer’s account.
PNB
PNB gives 5 free transactions per month at ATMs. Also, a charge of Rs 10 has to be paid for any financial transaction. Apart from PNB, the rules of transaction are different from ATMs of other banks.
There is a rule of 3 free transactions in metro cities and 5 free transactions in non-metro cities in a month. A charge of Rs 20 is levied for doing financial or non-financial transactions beyond the free limit from other bank’s ATMs.