Articles tagged under: ATM

RBI’s revised ATM charges take effect from May 1; higher fees after free limit

May 01, 2025
RBI’s revised ATM charges take effect from May 1; higher fees after free limit

Mumbai: The Reserve Bank of India (RBI) has rolled out a revised framework for ATM usage charges, effective Thursday, May 1. The changes impact the number of free transactions allowed, charges for exceeding those limits, and the structure of interchange fees across the banking sector. As per the updated norms, customers will now face higher fees for ATM transactions beyond their monthly free quota. In metro cities, three free ATM transactions are allowed per month, while non-metro areas allow f...Read More

Robbers cut open SBI ATM in Surat, steal over ₹18 lakh

March 14, 2025
Robbers cut open SBI ATM in Surat, steal over ₹18 lakh

Surat: Five men allegedly robbed an SBI ATM kiosk in the city by cutting the ATM machine with a gas cutter and escaping with ₹18,14,900 in cash. The crime was captured on a nearby CCTV camera. According to the police, the suspects arrived in a white hatchback and stopped outside the ATM near Chitrali Row House in Jahangirpura around 2:25 am on Wednesday. They covered the CCTV cameras with black tape, disabled the alarm system, and then used a gas cutter to break open the machine. The thieves ...Read More