2009
01
Apr
RBI’s gift on April Fools Day
As per a new directive by the Reserve Bank of India, from today 1-April-2009 you won’t need to shell out any extra money to use the ATM of any bank. This has come as a major relief to the common man who get always chnarged for withdrawing cash using ATM and debit cards issued by other banks.
RBI has also allowed the use of ATM, for purposes like balance enquiry, free of any charge.
However, banks can still charge extra for services such as cash withdrawal with the use of credit cards and at ATMs located outside India. Under these circumstances also, some banks plan to expand their ATM network.
