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ATM service charges increase, to cost ₹21 per transaction from today
Following the order of the Reserve Bank of India (RBI), all banks’ automated teller machines (ATMs) will increase the service fee for each transaction from Saturday, and customers will have to pay 1 rupee in addition to the allowed cash and free cash transactions. Use of cash.
According to the RBI notice on June 10, 2021, from January 1, 2022, banks are allowed to charge 21 rupees instead of 20 rupees. If there are applicable taxes, additional payments should be made.
However, customers are eligible for five free transactions (including financial and non-financial transactions) at their bank ATMs each month.
They are also eligible for free transactions (including financial and non-financial transactions) from ATMs of other banks, ie. Three deals for metro centers and five deals for non-metro centers.
The last change in the exchange fee structure of ATM transactions was in August 2012, and the most recent revision of the fees payable by customers was in August 2014.
RBI has notified the changes from January 1, 2022, due to the increase in the cost of ATM deployment and the ATM maintenance fees incurred by banks or white-label ATM operators. Ashwani Rana, founder of Bank Voice, said: “The increase in services will charge customers more than the number of transactions allowed by their respective banks for each ATM transaction. This increase is only 1 rupees plus Goods and Services Tax (GST), for customers In terms of maintenance fees paid by the bank, it is very symbolic. Earlier they charged 20 rupees.”
Nipun Jain, CEO of Rupee Pay Fintech, clarified: “Consumers who use our micro ATM and Aadhaar-enabled payment system (AEPS) to withdraw cash will not be affected by the recent RBI guidelines for increasing ATM transaction fees (applicable to customers who use up Monthly free limit).”
“We believe that this will drive the growing demand for cash withdrawals through AEPS and micro ATMs at our direct business outlets, and help us to achieve in deeper regions and remote areas such as Northeast, Kashmir, Ladakh, and Uttrakhand. Since last year Since we started operations, we have sold more than 100,000 micro ATMs. Our average number of withdrawal tickets climbed from 3500 rupees to 3800 rupees, and the compound annual growth rate of micro ATMs in the past year was 25%,” Jane added.
Complete News Source : Hindustan Times
According to reports, Jimmy Kimmel is thinking about leaving his late-night show to devote more time to his son Billy’s continuous struggle with congenital heart problems.
This week, a number of people with knowledge of the situation disclosed that Kimmel intends to leave Jimmy Kimmel Live! after his contract expires in 2025 in order to spend more time with his wife Molly McNearney, who co-head writes the show.
Kimmel’s choice, according to Radar Online, is a result of Billy’s health issues, especially in the wake of Billy’s most recent third open-heart surgery. But now he’s a “healthy kid.”
The Late Night presenter shared the news on Instagram in late May, saying, “We went into this experience with a lot of optimism and nearly as much fear and came out with a new valve inside a happy, healthy kid.”
Sources close to Radar Online claim that the Kimmels are getting ready to step back from the spotlight. According to an informant, Jimmy and his spouse prioritise their family over notoriety. They know what to do financially, so they’re prepared to step back from the spotlight and concentrate on what matters most.
“Life is too short to waste time on a job that brings you no happiness.”
Kimmel’s spokesperson denied the findings.
Even though Kimmel’s publicist denied any talks regarding his possible resignation and called the claim “silly,” especially in light of his son’s recent surgery.
“Though they’ll likely stay busy producing and developing shows behind the scenes, their main focus will be spending precious time with their family,” an insider was quoted by Perez Hilton.
Billy’s congenital heart issue was initially made public by Kimmel in 2017, not long after Billy was born, along with the difficulties his family was facing. Billy was born with a heart condition, according to an echocardiography, a type of cardiac sonography that was performed, Kimmel disclosed on his show.
“Tetralogy of Fallot associated with pulmonary atresia.” In essence, there is a hole in the wall separating his left and right sides of the heart, and the pulmonary valve was totally obstructed.
Three days after his birth, Billy had his first successful open-heart surgery. A few months later, he had another one. Billy had his third operation last month at Children’s Hospital Los Angeles. This was his most recent procedure.
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