Mumbai, March 28 -- The Reserve Bank of India (RBI) on Friday said the customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs and beyond that they will be levied a fee of up to Rs 23 per usage with effect from May this year.
They are also eligible for free transactions (inclusive of financial and non-financial transactions) from other bank ATMs viz. three transactions in metro centres and five transactions in non-metro centres. Beyond the free transactions, a customer may be charged a maximum fee of Rs 23 per transaction, RBI said in a notification.
Applicable taxes, if any, shall be additionally payable, the RBI said adding these instructions shall al...