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Coronavirus lockdown: no charge for withdrawing money from any ATM, no minimum balance required

Coronavirus lockdown: no charge for withdrawing money from any ATM, no minimum balance required



The havoc of corona virus spread from China is now visible all over the world. India is also not untouched by this dangerous corona virus and the number of its positive cases is continuously increasing. In view of the lockdown caused by Corona in India, the government has given great relief to the common people.

In view of Corona virus, the government has made several big announcements to provide immediate relief to the citizens. Finance Minister Nirmala Sitharaman said that the card holders will not have to pay any fee for withdrawing money from any other bank's ATM. The Finance Minister said that no matter what ATM debit card holders withdraw money from ATMs, they will not have to pay any charge.

Explain that banks offer free transactions of a small number of ATMs to their customers every month, but as soon as the free transaction is over, banks start cutting money for further transactions. Most banks offer 5 to 8 free ATM transactions.