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Free ATM era ends on Tuesday

Discussion in 'Random News' started by iinfi, Oct 13, 2009.

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  1. iinfi

    iinfi mekalodu

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    Free ATM era ends on Tuesday


    this was on the cards ....
     
  2. anarchist

    anarchist Guest

    Confusing, who will remember no. of transactions?
    Better they impose flat atm usage charges say Rs 5/- per use for their own and external bank cards
     
  3. mrbgupta

    mrbgupta New Member

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    Axis Bank is not going to implement it.HDFC doesn't implement it for salary account customers.RBI has made this optional and left it to the banks' sole decision whether they will implement it or not.
     
  4. harryneopotter

    harryneopotter Member

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    thank god i have an AXIS bank account !!!
     
  5. josephcs

    josephcs Tech Freak

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    Escaped! :D

    I usually prefer third-party bank's ATM as my IOB always shows an Out-of-order status!
     
  6. Krow

    Krow Crowman

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    I rarely need to use third party ATM's as I use SBI, which has a very wide reach.
     
  7. amol48

    amol48 Searching...

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    Wide reach and LONG queues? :D

    Honestly I feel happy now :D. At least now the Axis Bank ATM below my building will be free of queues like before :p
     
  8. x3060

    x3060 A LOTR fan

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    am using SBT... dont really mind waiting for 30 min though , life aint that lightning fast for me ;)
     
  9. Anorion

    Anorion Sith Lord Staff Member Admin

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    Anyone else face problems when withdrawing from ICICI or SBI ATMs while using an HDFC card? Keeps happening to me... donno if I am the only one who is jinxed.
     
  10. Krow

    Krow Crowman

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    ^Maybe, SBI doesn't like you. ;)
     
  11. ssk_the_gr8

    ssk_the_gr8 Make Way the LORD is Here

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    dude... there should have been some standard set of rules... this is confusing...
    and u have to remember when your 5 withdrawals finish :(
     
  12. navjotjsingh

    navjotjsingh Active Member

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    Well my own bank's ATM is only a small distance away and Canara's ATM is even nearer but after a small blunder (1 failed transaction with successful debit), I have started visiting my own bank's ATM (always empty and working :D )
     
  13. gxsaurav

    gxsaurav You gave been GXified

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    If I need money immediately, then instead of looking for a compatible ATM, I would rather prefer to pay Rs 20 & take out money from any ATM
     
  14. confused!!

    confused!! It's true Im not confused

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    Its good that I have a HDFC salary account:)
     
  15. Stuge

    Stuge New Member

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    how about ICICI bank + corporation bank ?
     
  16. amol48

    amol48 Searching...

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    It's fine if it's emergency. But why search for our compatible ATM first EVERYTIME we withdraw money! Isn't it better if we could just withdraw from anywhere 'n' number of times. I pay Rs.300 bucks annually to Axis Bank for this which I *really* don't mind. Who the hell will remember the number of transactions done in a month.

    ICICI, HDFC and most other banks have already been providing free withdrawal facility if you maintain a quarterly balance of above Rs.10k.
     
  17. mrbgupta

    mrbgupta New Member

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    If I am not wrong 10K is the amount (AQB)both ICICI and HDFC needs to maintain your normal savings account in urban areas.
     
  18. amol48

    amol48 Searching...

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    Yup that's right. Or you can say deposit 9lac in your account for one day and you can keep the balance Rs.0 for the rest 89 days :p
     
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