The Reserve Bank of India (RBI) has asked all the banks to disable their cash retraction facility at ATMs and hence one needs to be careful while you are at the atm. The RETRACTION system, which enabled the machine to take back the currency if it is not removed within a certain time, has been […]
atm
Balance inquiry to be included in free ATM transactions
Most of you must have already got an Sms from your banker saying that, “ From July 1, 2011; 5 free transactions per month on SB a/cs on other bank Atms including Financial and non financial. CA accounts all txns will be charged” This is happening after the IBA approached the RBI to make a […]
All bank ATMs are now My bank Atms
The customers can withdraw money from any (i.e. an Axis bank card holder can withdraw from a ICICI bank atm) ATM without paying any charge. The Reserve Bank of India has directed the commercial banks to let customers’ free use of Automated Teller Machines (ATMs) for all transactions from 1 April 2009. According […]
ATM Theft attempt in Kadolkar Galli
There was an ATM theft attempt made at the Union Bank of India, Kadolkar Galli branch. No loss of money is reported as still the matter is being investigated. There is no security guard for this ATM.