Centre announces free ATM withdrawals for 3 months

There will not be any minimum balance requirement fee in the bank accounts. This comes as lockdown, and the curfew is in place in many parts of India amid coronavirus pandemic.
Vamsi Athreya

Updated: Mar 24,2020 05:39:54 pm

Centre announces free ATM withdrawals for 3 months

24 March 2020 Current Affairs:Union Finance Minister Nirmala Sitharaman announced that debit cardholders could withdraw cash from any other bank's ATM free of charge for the next three months. 

Highlights:
♦ There will not be any minimum balance requirement fee in the bank accounts. The announcement comes as lockdown, and the curfew is in place in many parts of India amid coronavirus pandemic.
♦ Centre has also waived minimum bank charges for savings bank accounts.
♦ Finance Ministry is also working on an economic package that will be announced soon in the wake of the COVID-19 outbreak.
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