New Delhi: From August 1, people will no longer have to wait until the bank’s working day for pensions, wages, and EMIs. The Reserve Bank of India has approved many changes related to banking transactions. Let’s see what those changes are.
Change in ATM rates
The charge for withdrawing cash from an ATM has been increased from Rs 15 to Rs 17. These rates will come into effect from tomorrow. The RBI has considered the demand of banks because of the rising cost of maintaining ATMs.
Salary, Pension, EMI
The RBI’s change in the terms and conditions of operation of the National Automated Clearing House will come into effect from tomorrow. Under the new circumstances, such transactions can take place on Sundays and public holidays.
Change in India Post too
From August 1, door-to-door services will be charged for the services provided by India Post Payments Bank. 20 and GST to be paid. This rate must be paid each time you use the doorstep delivery service. Postman and Grameen Dak Sevaks are also being recruited by India Post. There is no limit to such transactions.
