India information India

Bank ATM withdrawal, minimum balance: Relaxations expire this month

Reading now: 289
www.livemint.com

coronavirus-induced lockdown, several relaxations were given to the people in banking related transactions for three months.

Finance Ministry had withdrawn all transaction charges to withdraw cash from ATMs till 30 June.Until there is no new announcement on the same, then previous ATM withdrawal, minimum balance in the account rules of the banks will be applicable from July 1.

Different banks have different ATM withdrawal and minimum balance rules.Minimum balance requirementMost banks demand a minimum balance requirement from an account holder and non-maintenance could attract penalty.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA