Atm Transactions

State Bank Of India Launches One Time Password (OTP)-Based ATM Transactions

Business | Edited by Peter Noronha | Friday December 27, 2019

State Bank of India( SBI): "Introducing the OTP-based cash withdrawal system to help protect you from unauthorized transactions at ATMs. This new safeguard system will be applicable from 1st Jan, 2020 across all SBI ATMs," SBI tweeted.

State-Run Banks To Remain Shut For Two Days This Week As Strike Deferred

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 24, 2019

Trade unions of state-run bank staff on Monday called off a two-day strike scheduled for this week. Four unions had called a 48-hour bank strike to protest against the mega merger of public sector lender announced by the government and demand for a wage revision. In a joint statement dated September 23, the four trade unions said the decision to de...

These ATM Transactions Not To Be Counted As Free Transactions In A Month: 10 Points

Business | Edited by Anshul | Thursday August 15, 2019

The Reserve Bank of India (RBI) has asked commercial banks not to treat ATM transactions failing for technical reasons as well as non-cash withdrawal transactions - such as balance enquiries or cheque book requests - as part of the free transactions available to customers every month. Currently, transactions failed due to technical reasons or non-a...

ATM Transactions Failed Due To Technical Reasons Won't Be Counted: RBI

Business | Indo-Asian News Service | Friday August 16, 2019

ATM rules: The RBI said it has come to its notice that transactions that have failed due to technical reasons or non-availability of cash in the ATM are also included in the free ATM transactions in a month.

ATM Charges Levied By Banks For Making Cash Transactions

Business | Edited by Anshul | Saturday August 10, 2019

The ATM charges apply depending on the type - whether it belongs to the same bank where the customer's account is located or some other bank - and nature of ATM - whether the ATM is located in a metropolitan or any other city in the country.

All You Need To Know About State Bank Of India ATM Transaction Limits And Charges

Business | NDTV Profit Team | Wednesday May 22, 2019

State Bank of India (SBI) account ATM charges: SBI savings account holders with an MAB or monthly average balance - minimum balance - above Rs 25,000 are allowed unlimited ATM transactions at the bank's group ATMs, according to the bank's website. Customers with a monthly average balance up to Rs 25,000 in the previous month are allowed up 10 trans...

ATM Charges Levied By Top Banks For Transactions And Other Services

Business | NDTV Profit Team | Monday May 6, 2019

Banks such as, State Bank of India, HDFC Bank an ICICI Bank offer limited number of ATM transactions free of cost every month

ATM Charges You Have To Pay For Making Cash Transactions

Business | NDTV Profit Team | Thursday February 14, 2019

Lenders such as SBI, HDFC Bank and ICICI Bank offer a fixed number of ATM transactions free of cost every month.

ATM-Cum-Debit Card Charges Levied By Top Lenders For Cash Transactions, Other Services

Business | NDTV Profit Team | Sunday January 6, 2019

ATM-cum-debit card charges: Banks also charge customers for issuance and annual maintenance of an ATM-cum-debit card.

ATM Rules: Charges Levied By Top Banks For Transactions And Other Services

Business | NDTV Profit Team | Sunday December 23, 2018

The customers are charged for transactions at ATMs over and above the mandated numbers of free transactions, as directed by Reserve Bank of India (RBI).

ATM Charges Levied By Top Banks For Transactions And Other Services

Business | NDTV Profit Team | Sunday December 16, 2018

From State Bank of India to private sector peers like HDFC Bank, ICICI Bank, banks offer a fixed number of ATM transactions free of cost every month.

Transaction Charges On ATM-Cum-Debit Cards Levied By Top Banks

Business | NDTV Profit Team | Saturday December 1, 2018

From SBI to private sector peers like HDFC Bank, ICICI Bank and Axis Bank - lenders offer a fixed number of ATM transactions free of cost every month.

10 Things You Should Know For Conducting Safe ATM Transactions

Business | NDTV Profit Team | Monday November 12, 2018

While transacting via an ATM-cum-debit card, customers often forget hiding their password, which may lead to a fraud. In order to prevent such instances, SBI recommends that customers should conduct ATM transactions in complete privacy. In case an unauthorised transaction happens via the ATM-cum-debit card, customers should immediately inform the b...

Here's How Much ATM Transactions Cost After You Exhaust Limit

Business | NDTV Profit Team | Sunday October 28, 2018

Customers are charged for transactions at ATMs over and above the mandated number of free transactions, as mentioned by RBI.

ATM Charges Levied By Key Lenders For Transactions And Other Services

Business | NDTV Profit Team | Saturday October 27, 2018

From State Bank of India (SBI) to private sector banks like HDFC Bank, ICICI Bank, Axis Bank offer limited number of ATM transactions free of cost every month.