If you are the user of the saving account in the post office, then you should be ready to pay new charges for monetary and non-monetary exchanges done at ATMs that will take place in a month. The adjustment of the charges on the ATM card exchange will be implemented from October 1, a branch of the post, giving a roundabout said. From October 1, the yearly upkeep charge for mailing station ATM/check cards will be Rs 125 or more GST. These charges will be appropriate till 1 October 2021 and 30 September 2022. India Post will currently charge Rs 12 or more GST comprehensive of SMS makes sent aware of its clients.
On the off chance that an India Post client loses his/her ATM card, he/she will be charged Rs 300 or more GST from October 1 for getting another check card. Further, assuming the ATM PIN is lost, charges likewise must be paid for the new PIN issued from October 1. For this, clients should go to the branch and get the PIN once more, for which they will be charged Rs 50 and the GST. Another Charge that is indicted is that if ATM or POS exchanges are declined because of the absence of minimum balance in the bank account, the user will be charged Rs 20 plus the GST for the transaction.
Aside from this, the postal office has additionally restricted the number of free exchanges that should be possible at ATMs. According to the round, monetary exchanges will be charged Rs 10 or more GST per exchange after five free exchanges at India Post's own ATMs. For non-monetary exchanges at India Post's own ATMs, clients should pay Rs 5 or more GST per exchange after five free exchanges. In the event of ATMs of different banks, after three free exchanges in metro urban communities or five free exchanges in non-metro urban communities, one should pay Rs 8 or more GST.
For the debit, cardholders have to shed an extra 1% of the exchange for cash withdrawal at Point of Service (POS), subject to a limit of Rs 5 for every exchange.
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