|Chennai||Rs. 27770.00 (0.07%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
If you use automated teller machines (ATMs) for small and frequent transactions, get ready to pay charges - even at the machines of your home bank. The Reserve Bank of India (RBI) on Thursday said banks were free to charge their customers for ATM transactions beyond five a month, though a board-approved policy on this issue would have to be put in place.
So far, a customer had to pay up to Rs 20 for every transaction beyond five at non-home-bank ATMs per month. These transactions mean both financial and non-financial - balance enquiry, change of PIN, mini statement, etc. The cap on per-use fee has been maintained at Rs 20 but the number of free transactions at machines of other banks has been lowered to three.