ATM withdrawals, min balance relaxations end
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Jammu, July 1 -- The rules of financial services like transaction charges after exhausting free cash withdrawal limit on ATM, the minimum account balance in the bank account will be changed from July 1. The transaction charges in ATMs were waived for three months after the rise of coronavirus COVID-19 pandemic.
The rule to keep a minimum monthly balance in the savings bank account was waived off during lockdown. The charge for minimum balance in the account differs in metro cities, urban and rural areas.
The Punjab National Bank (PNB) will reduce the rate of interest in its savings accounts by .50 per cent and the maximum interest to be given in a savings bank account is 3.25 per cent. The Bank of Baroda will freeze accounts of those wh...
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