Many times, consumers do not have to pay fees if the banks do not know the rules correctly. We are giving you information about one such important rule related to the bank. If you do not have money in your savings account and go to ATM withdrawals and it fails, you will still have to pay the fee. Private banks, including the government, charge a fee for this. Let’s know which bank charges how much.
State Bank of India
If you are a customer of State Bank of India and there is no money in your savings account. In this case, if you accidentally go to withdraw from the ATM and it fails, then you have to pay 20 rupees plus GST.
HDFC bank
The largest private sector bank also charges an ATM transaction failure if there is no money in the account. If HDFC customers use the ATM of another bank, then they will have to pay Rs 25 per transaction and tax.
ICICI Bank
ICICI Bank charges a fee of Rs 25 per transaction for failing to withdraw money from another bank’s ATM or POS after it is not in the account.
Kotak and Axis Bank
Private sector banks like Kotak Mahindra Bank and Yes Bank charge a fee of Rs 25 per transaction for failing to withdraw from ATMs if there is no money in the account. Axis Bank also charges its customers Rs 25 per transaction in this situation.
Avoid paying like this
These days, almost all the banks in the country allow their customers to know the amount deposited in the savings account. You can get this information in a few minutes by making a missed call or sending an SMS from your registered mobile number to the bank’s given phone number. With this, you can also check the balance through the mobile app. If someone is connected to UPI app account, then you can also get the balance information from him.
