This usage of other bank ATMs fees has been revised wef 01 July 2011 and now a new parameter of non financial transactions has also been added.
SAVING ACCOUNT - The permitted 5 free transactions per month at other Bank ATMs will include Financial as well as Non-Financial transactions.
Charges for transactions over the free ones:
- Rs. 20.00/- (including taxes) per Financial transaction – i.e. Cash Withdrawals
- Rs. 8.50/- (excluding taxes) per Non-Financial transaction – i.e. Balance Inquiry, Pin Change & Mini Statement.
- Transactions on your own bank ATMs are completely free.
- For details on special pricing on Priority / Wealth / Privee please contact your Branch Manager.
Thus one has to keep this new parameter in mind else one will get unnecessarily billed due to ignorance and they say ignorance is no excuse.
