A Good News came this Morning when RBI (Reserve Bank of India) Announced that ATM Cards can now be used at any bank’s ATM for Withdrawing cash without any charges.
This Service will effect from 1st April, 2009.
Earlier, the banks were charging some amount for letting other bank’s ATM cards to use in their Bank’s ATMs.
I have got ATM Cards of different Banks, my Card gets charged Rs 20/- for Withdrawing funds from other Bank’s ATM.
Hope this Service will be a Good news for every one who owns more than two cards.