The Reserve Bank of India has asked all Indian Banks (Private & Govt.) not to charge customers for using any other banks ATM’s. I think earlier banks were charging around 20rupees for each transection. From April 2009 , This service has come in action all over India and now you can make balanace inquiries or withdraw cash for free.
RBI advised Banks not to charge anything for the following purposes :
- Using own bank’s ATM for any purpose
- Using other bank’s ATM for balance inquiry
- Using other bank’s ATM to withdraw money
If you want to read RBI notification Click here
Hello, This is Aditya from United Kingdom. I am a student, sport lover and a part time blogger. My blog will provide you lot's of helpful information to all the users around the world. I will write about Blogging, Linkbuilding, India, Money Saving, Sport and Tech News. I will share all the latest Tips and Tricks. Subscribe to my blog to stay connected.
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This is old news, but very useful..
though I have salary account so in my case it’s already free everywhere, but now this give freedom to lacks of Indian citizen to cash out money from any ATM in their street.
ye it is bit but it’s a good news so I thought i should share with all readers.
http://www.adityavyas.com – da best. Keep it going!
Have a nice day
Dirnov
You always have post that is something unique and useful. Now for all Indians, they can withdraw money from any Bank ATM without any charge.That’s great!
@varologic
Dont Spam whoever you are from varologic. I can also remove all the comments you have done. So beaware of that.
thanks for sharing the information and it is very useful information.
Really nice article. Nice find thanks for sharing
You have a great blog here and it is Nice to read some well written posts that have some relevancy…keep up the good work
Its really great to know that. I think its already applicable from the first of this month.
That’s great news for us. thanks Aditya it’s seems that you have created this blog to help people like us keep updated with the news. Thanks. I have visited your blog 2 months back and now again i stop at your blog because i love what you write.