More restrictions on withdrawal from ATMs

Reserve Bank of India is going to impose some  restrictions on withdrawing money from ATMs soon.

Once the restrictions come into force, one can withdraw money from the ATMs of other banks only for two times in a month. If anyone uses the ATMs of other banks for more than two times, service fee would be collected from them.

At present, any customer can withdraw money from the ATMs of other banks for a maximum of five times.

The RBI will soon change the rules relating to the same.
- Sakshipost