Clarification about ATM transactions:-
Only in postal ATM no charges. (Can use N no of times)
If we use postal ATM card in other ATMs it is chargeable.
If the ATM card is used in other bank ATMs
- 3 transaction in ATM located at metro are free
- 5 transactions in ATM located at non metro are free
It's been confirmed by Infosys Team that, charges are configured for ATM Issuer transactions(DOP Cards in other bank ATMs) from 22/03/17 onward.
Charges are applicable, if number of financial/non financial transactions put together exceeds above 3 in metro cities and 5 in non metro cities in a calendar month.
Please note that Rs 20 + Rs 3 will be deducted from customers POSB accounts exceeding the limit prescribed above. Transactions count will be considered from 1st of March 2017. Charges will be levied only for the transactions done on or after 22/03/2017 exceeding the prescribed limit.
There will not be any charges for the transactions done using POSB card in DOP ATMs.
Thanks & regards,
Incharge Operations, DOP ATM Unit
CBS-CPC, 4th Floor, Bengaluru GPO Building
Bengaluru-560001
080-22850173, 18004252440
postatm@indiapost.gov.in
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