Informations about ATM(Banks) of India:
Revolution came of 2007 when the Reserve Bank of India (RBI) instructed commercial banks through a directive not to charge for ATM(Banks) services. A renaissance came of 2009 while accountholders were given additional facility to use ATM(Banks) machines of other banks without paying service charge for such services. Current and rest others were still charged nominally.
Banks would previously charge Rs 10 to 35 for each mutual transaction.
Government owned banks would charge Rs. 100 and fees private banks levied were Rs. 500 annually collected from accountholders.With advancement of banking sector India saw arrival of ATM(Banks) machines whose annual fees differed according to banks concerned.
Effective date fixed for that was 1 April 2009 when charges were completely abolished. Steps were taken to make free mutual ATM(Banks) usage for 5 times on monthly basis and rest transactions with Rs 20 each for savings and term deposits.
States Having ATM of India