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RBI restricts use of ATMs, puts limitations - Tv5

Sat, Nov 01, 2014, 01:46 PM
Reserve Bank has passed out new guidelines for use of ATMs(Automated Teller Machines). As per the guidelines, the account holders will be able to withdraw the money from home bank ATMs five times a month and three times from non home banks. Beyond this limit, it will attract a levy of Rs 20 per transaction from this Saturday. This guidelines have come into force starting from Saturday and it will be operative on bank customers in six metros Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bangalore.
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