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ATM transactions News

06 Dec 2021

ATM cash withdrawals to be costlier from January: Here’s how much to pay

Customers are already being notified of this move by banks. Customers will have to pay Rs 21 per transaction at their own banks' ATMs to withdraw money once the limit has been exceeded. Reserve Bank of India permits all bank clients to make five free ATM transactions at their own banks.

28 Sep 2017

Card payments push may land banks with a Rs 3,800 crore annual hole

The issuing bank involves the cost of issuing the cards and also manages other risks relate to card holders like failed transactions and frauds.

12 May 2017

8 ATM transactions will be free in Metro cities : SBI

SBI. Watch the full segment for more details.

Relief on ATM transactions

04 Jan 2017

Relief on the ATM transactions will continues to facilitate common people

Debit card data breach

26 Oct 2016

Indian banks need to adopt fully-encrypted ATM security solutions

This incident is a wake-up call for the Indian banking ecosystem to pause and realise that adopting extra-layered, state-of-the-art encryption security to minimise consumer financial data breach has become essential.

21 Oct 2016

Debit Card fraud: Follow these 15 tips and keep your ATM transactions safe

Fearing breach in security of customer data from ATMs, banks have initiated steps to prevent a large-scale security breach of bank' data. While the banks have initiated a number of steps, there is a lot that debit card holders can do to prevent ATM theft and protect one's bank related confidential information:

01 Dec 2014

ATM transactions turn costlier from Dec 1

Starting December 1, banks will reduced the number of ATM transactions to 5 per month for its saving account holders and thereafter charged Rs 20 per usage.

29 Nov 2014

Free ATM transactions to be curtailed from December 1

Beginning December 1, 2014, more than 5 monthly ATM transaction may cost you over Rs 20 and a non-financial transaction will cost over Rs 8.5 as penalty.

10 Oct 2014

Metro ATM users get some relaxation

The Reserve Bank on Friday said the number of free transactions in a month at non-home ATMs would remain three in six identified metros but customers of these centres can use their card without cost two more times in non-metro centres.

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