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Tag: ATM fees increase

Impact of Higher ATM Transaction Fees: RBI and NPCI

Impact of Higher ATM Transaction Fees: RBI and NPCI

People immediately rush to the ATM as soon as they need money. It is easy to withdraw money from ATMs, which are open 24×7, and also get rid of the long queues in the bank. Currently, there is no charge for withdrawing money from an ATM up to a limit, but when the limit is […]

ATM Withdrawal Charges to Increase from May 1 as RBI Revises Fees

ATM Withdrawal Charges to Increase from May 1 as RBI Revises Fees

ATM Withdrawal Charges: The Reserve Bank of India (RBI) has announced a rise in ATM withdrawal fees. Starting from May 1, withdrawing cash from ATMs will become more expensive. The new fees are part of a revision in interchange charges. Interchange fees are the charges that banks pay to each other for ATM transactions. These […]

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