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Saturday, November 29, 2014

Corp Bank’s free ATM transactions

Corporation Bank has decided to offer unlimited number of free transactions in the bank’s ATMs for its savings bank customers. A press release said here on Thursday that according to revised guidelines of Reserve Bank of India, banks have an option to cap the number of free transactions (financial and non-financial) for savings bank account holders in own bank ATMs across India at five transactions per month. However, Corporation Bank has decided to offer free transactions to all its savings bank account cardholders for using the bank’s ATMs, irrespective of the number of transactions. 

Source : Thehindubusinessline


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