ATM Card Tracking - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Thu, 06 Oct 2022 15:54:16 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png ATM Card Tracking - Rightsofemployees.com https://www.rightsofemployees.com 32 32 Big news for those who withdraw money from ATM, now so much money will be deducted from the account! check details https://www.rightsofemployees.com/big-news-for-those-who-withdraw-money-from-atm-now-so-much-money-will-be-deducted-from-the-account-check-details/ Thu, 06 Oct 2022 17:28:55 +0000 https://www.rightsofemployees.com/?p=5104 ATM Card News: Nowadays, many types of rules are coming out regarding withdrawing money (ATM Card Tracking) from ATM. If you also use ATM card, then this is important news for you. Recently, in a post going viral, it is being said that now if you withdraw money from ATM more than 4 times in […]

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]]> ATM Card News: Nowadays, many types of rules are coming out regarding withdrawing money (ATM Card Tracking) from ATM.

If you also use ATM card, then this is important news for you. Recently, in a post going viral, it is being said that now if you withdraw money from ATM more than 4 times in a month, then you will have to pay extra charge.

You can withdraw money 5 times  , let us tell you that PIB has fact-checked the news of withdrawing money from ATM more than 4 times, in which the truth has been found. According to the information available on the Reserve Bank’s website, the bank allows five ATM transactions every month for free.

PIB’s tweet

PIB Fact Check has put a post in its official tweet, in which it is written that if you withdraw money more than 4 times from ATM, then you will have to pay Rs 150 as tax and Rs 23 as service charge.

Claim: ₹173 will be deducted for withdrawing money from ATM more than 4 times.

>> PIB has told that this claim is fake.

>> 5 free transactions can be done every month from your bank’s ATM.
>> After this, if there is a maximum of ₹ 21 / transaction or any tax, it will have to be paid separately.

How many transactions are free

If a customer uses ATMs of other banks, then three financial and non-financial transactions are free in a month in metro cities. Five transactions are free for non-metro cities. After the free transaction, a charge of Rs 20 will be charged. However, from January 1, 2022, a maximum of Rs 21 can be charged.

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