A few months back I updated my passbook and saw that Rs 150 has been deducted unnecessarily. I visited the bank and inquired about it. I learned that it was the axis bank withdrawal charges. After a certain number of withdrawals, a fee is levied. This withdrawal limit might differ in different banks. Since I have an account in the Axis Bank, let me share the cash withdrawal charges Axis Bank here.
What is the withdrawal limit in Axis Bank?In Axis Bank, you will be allowed 15 transactions free. Post these 15 withdrawals you will be charged Rs 75 for each transaction. So if you withdraw money 16 times, Rs 75 will be deducted from your account as a transaction fee. If it is 17, you will be deducted Rs 150 and so on. This charge is over and above the existing fee structure. Transactions here include
Cash transactions at the branch
Outward clearing
Find transfer
RTGS/NEFT and
Remittances
So this is the cash transaction fee axis bank.
Does Axis Bank charge for withdrawal from other bank ATM?No charge is levied for suing other banks’ ATMs for cash withdrawal and balance inquiries as it comes under the Free ATM access policy. This rule is made by RBI itself so you need not worry about it.
So these are the axis bank withdrawal charges.
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Authors Of The Question
What are the Cash Withdrawal Charges Axis Bank?
Tinni
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1 Year
2023-05-30T12:33:28+00:00 2023-05-30T12:39:36+00:00Comment
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