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Withdraw cash from any ATM

From April 1 you can use any ATMs of your choice without shelling out any extra money.

According to RBI directive, banks have been prevented from charging any fee for cash withdrawals using ATM and debit cards issued by other banks from April 1 onwards.

However, banks can still charge extra for services like cash withdrawal with the use of credit cards and at ATMs located outside India.

Last year on March 10, the RBI had come out with guidelines limiting the fee charged by banks for using their ATMs by clients of other lenders to Rs 20. It had also allowed the use of ATM for purposes like balance enquiry free of any charge.


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