Summary:
Hyderabad: After the demonetization, the rules of RBI for withdrawing cash from ATMs changed. After free transactions, ATM transaction is chargeable. Even if there is no withdrawal, it is considered as transaction thereby exhausting the free transaction of the customers. Earlier, there was no limit on the number of transactions from ATMs but now according to RBI directive, more than 3 transactions in metros and 5 in non-metros are chargeable. RBI had already imposed restrictions on number of transactions from ATMs..