Going to the bank, we think that wow is such a good institution that gives us great facilities and does not charge for it, but you go wrong. Actually, the bank does not earn only interest on the loan from you. Rather, she charges fees to keep your jewelry and money.
Recently, RBI has approved the NPCI to increase the charge of checking ATM transactions and balance. The charge which will be applicable across the country from May 1, 2025. Let us tell you that this charge is nothing, the bank deducts the money from you till it is in the amount account of check book, transaction and minimum balance. We are telling you in detail here about these charges.
Earlier, when you used to withdraw money from the ATM of another bank instead of the ATM of your home bank, then you had to pay 17 rupees, which has now been 19 rupees. At the same time, on checking the balance from the ATM of the other bank, first 6 rupees have to be paid, which has now been reduced to 7 rupees.
If you open a savings account, then you are given a check book of 10 checks free. At the same time, banks charge different fees for checkbooks that come with their names, in which some banks charge 10 to 20 checks free and Rs 20 per check for the rest of the checks. If we talk about SBI, the country's largest government bank, then it charges Rs 75 for a check book of 25 checks. If you talk about the current account, then the charge of the check book ranges from 500 to 700 rupees for the 100 check book.
Like the check book, banks have different charge of transactions. Which takes it to not keep the minimum balance. If there is a balance of less than 5000 or 10000 rupees in someone's account, then the banks deduct from 300 to 500 rupees. Apart from this, banks also charge from 5 to 25 rupees on an annual basis for SMS alert.
