ICICI Bank to Hike ATM charges from Jan 1, 2015

Posted By:
Subscribe to GoodReturns

Following the trend set by other banks, ICICI Bank will hike ATM transaction charges for savings accounts, which will effective January 1, 2015.

Recently, the Reserve Bank of India notified that if you use your ATM more than 5 times at your own Bank ATM or more than 3 times per month at another bank's ATM, you would be levied a charge of Rs 20.

ICICI Bank to Hike ATM charges from Jan 1, 2015
ICICI Bank: Quotes, News
BSE 290.70BSE Quote0.05 (-0.02%)
NSE 292.05NSE Quote1.75 (0.60%)

The charge is excluding service tax and Rs 8.50 for every non-financial transaction for each time you use ATM beyond the stipulated limit.

However, these guidelines are applicable to the six metropolitan cities of Delhi, Mumbai, Chennai, Bangalore, Kolkata and Hyderabad 

ATM transactions include, Cash withdrawal, balance inquiry, mini statement, cheque book request.

GoodReturns.in

Read more about: icici bank rbi
Story first published: Monday, December 8, 2014, 15:15 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
/disk2/v/apache/htdocs/VIRTUAL/www.goodreturns.in/public_html/common/oi-island-ad-right-comment-big-promo.html

Get Latest News alerts from Goodreturns

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more