Many indian banks will face or implement several changes starting february 1, 2025. bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india, Canara bank, and other banks will undergo several adjustments. The bank will boost wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital banking and prevent financial scams with these new regulations.

Changes In Cash Withdrawal System From ATM
Changes to the bank's cash withdrawal policies will take effect on february 1. According to the update, customers can take out free money from the ATM three times a month. After this, each transaction will cost Rs 25. The previous sum was Rs 20. Additionally, you will be charged Rs 30 if you go to the other ATM to take out cash.
 
Media sources state that the maximum amount that may be taken out of the ATM in a single day is Rs 50,000.
 
Changes In Interest Rate
The interest rate on savings accounts will rise from 3% to 3.5% on february 1, 2025. In addition, older residents will get a 05% bonus on their savings accounts.
 
Changes In Minimum Balance
 
In the past, an sbi account user had to have a minimum balance of Rs 3000. It will now go up to Rs 5000. This would increase for punjab National bank from Rs 1000 to Rs 3500. The Canara bank will also see a rise, going from Rs 1000 to Rs 2500.

Changes In ATM Transaction Limit
Changes to Kotak's ATM policies will take effect on february 1st for its clients. The general amenities will be included in the price. This charge will be made by the bank for several banking services.

Digital banking Services
The services offered by wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital banks will alter. There will be an expansion of the facilities linked to online and mobile banking. services may now be added to ensure safe transactions.
 
 
 
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SIBY JEYYA

01/02/2025 07:48 AM