CENTRAL BANK TIGHTENS ATM CASH WITHDRAWAL NORMS

ATM Cash Withdrawal RBI has decided to end the free access to ATMs of other banks. This new norms would be effective from 15th October 2009. The central bank has put restrictions on the withdrawal and number of transactions per month in a year. As per new norms one can withdraw max. upto Rs.10000/- per transaction from ATMs of other banks in which he has an A/c. While the transaction would be restricted to 5 transactions in a month. Over withdrawal would attract a fine of Rs. 20/- per transaction would be debited to you’re A/c.  

 

It seems that recent increase in ATM crimes & frequent cash transactions would be the reason. But I don’t think this would affect the peoples mind. Will yours?

4 Responses to “CENTRAL BANK TIGHTENS ATM CASH WITHDRAWAL NORMS”

  1. Patch Anna says:
    October 21, 2010 at 7:45 am

    Salut! Can I quote piece of the information from your blog if I provide a linkback to your website?

  2. Harshal says:
    October 21, 2010 at 11:07 am

    Sure! Mail me that link for which you are using the information.

  3. buy kinect says:
    October 24, 2010 at 11:35 pm

    Greetings,

    This is a question for the webmaster/admin here at http://www.mytaxform.info.

    May I use part of the information from this post right above if I provide a link back to this website?

    Thanks,
    Charlie

  4. Harshal says:
    October 25, 2010 at 1:58 pm

    PM me about this. Which Information you want?

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