ATM service charges increased to ₹21

  • On Saturday, ATM service charges per transaction will be increased from ₹20 to ₹21 excluding applicable taxes.

  • Reserve Bank of India (RBI) released the notifification regarding the increase in charges on 10th June 2021.

  • RBI has notified the changes from January 1, 2022, citing the increasing cost of ATM deployment and expenses towards ATM maintenance incurred by banks or white-label ATM operators.

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