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Punjab National Bank's New Rule : Customers to pay Rs.10 per transaction after first 5
Posted on: 12-09-2017 , 11:10:AM | DY365 Bureau

 Image for representational purpose only. Source : Internet

Punjab National Bank, the country second largest Public Sector Bank have come up with a new rule.

Beginning October, the customers of the bank will have to pay transaction charges if they carry out more than five transactions a month from ATMs.

This rule will also apply even if the customers will do any transaction from PNB ATM’s also.

Currently the bank’s customers are not charged for doing any transaction in ATM’s, financial or non-financial.

"The number of free transactions and the charges beyond these free transactions for PNB customers on PNB ATMs have been revised. The revised charges will be effective from October 1, 2017," Punjab National Bank (PNB) said in a notice to customers.

PNB in its notice said that the savings /current/overdraft account holders would all attract charges at Rs 10 per transaction beyond a limit of five times a month even if the PNB card holder makes the transaction at PNB ATM’s.


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