InvestorQ : What is the charge banks levy after one has completed three transactions in ATMs?
Neha Samdani made post

What is the charge banks levy after one has completed three transactions in ATMs?

Answer
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1 year ago


Every bank offers three free transactions to its customers every month. Thus, any transaction you make after the third one will be charged according to the charges as set by the banks.

This charge is decided by banks and varies from one bank to another. Thus, it is advised that you reach out to your bank and get the details of the same.

Please note, the maximum fee that can be charged per transaction by any bank is Rs.20.