ATM transaction News

Revised ATM transaction charges will take effect on May 1, 2025. Check them out.

There are a few important things that you should keep in mind while you are doing your debit card activity. Here are 5 good practices you must follow while you are doing transaction on via ATM.

A consumer court here has ordered the Union Bank of India branch at Dombivali and Punjab National Bank at Jaunpur in Uttar Pradesh to pay a compensation of Rs 100 per day from June 7, 2014 to a complainant for deficiency in services.

Know these seven rules and you can claim compensation of Rs 100 per day for failed ATM transactions.

Owing to this long closure, banking services will affect business transactions.

There is a very interesting reason behind 4-digit ATM password.

The Delhi High Court Wednesday issued notice to the Reserve Bank of India (RBI) on a plea against RBI`s decision to impose a limit of five transactions per month from the customers` own bank ATM and charging Rs.20 per transaction beyond it.

After exceeding the free transaction limits, customers will have to pay Rs 20 per financial transaction excluding service tax and Rs 8.50 for every non-financial transaction.

Researchers have reportedly discovered a major flaw in the new contactless bank cards, which could allow users to carry out unlimited cash transactions sans the PIN .

Leading banks like SBI, ICICI Bank, HDFC Bank and Axis Bank have not yet announced any cap on free transactions.

Every transaction beyond this threshold will be charged Rs 20 per use.

As per the new RBI guidelines, a customer will have to pay a fee of Rs 20 per transaction for using the Automated Teller Machines (ATMs) beyond the permitted number of 3, down from 5.

SBI will offer unlimited ATM transactions on its home ATM for customers who maintain Rs 25,000 balance in their account in a month on an average.

Many associations have advised their members to complete all their bank-related works by September 29 after which the long list of holidays will start.