ICICI Bank now imposes a charge for keeping cash at money acceptor machines at ATMs

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Beginning from today, private moneylender ICIC Bank will collect charges of Rs 50 as an accommodation expense on clients doing money stores at ATMs during non-business hours and bank occasions. Clients will be charged for each such exchange done on bank occasions and between 6:00 pm and 8:00 am on working days.   

The bank will likewise exact a comfort charge if the money store in the money acceptor/recycler machines surpasses Rs 10,000 every month either as a solitary exchange or various exchanges.   

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Bank mentioned that the charge won’t be pertinent to senior citizens, important reserve funds ledger, Jan Dhan accounts, accounts held by crippled and outwardly debilitated people, understudy accounts, or some other records distinguished by ICICI Bank.   

This isn’t the first occasion when that a Bank will require such charges, not long ago, Axis Bank began imposing the charge.   

It imposes a comfort charge on money store exchanges done at the pace of Rs 50 for every exchange subsequent to banking hours (or between 5:00 pm to 9:30 am) and on public and State bank occasions. The comfort charge was powerful from August 1.   

The Bank on 31st October detailed an independent net benefit of Rs 4,251 cr for the quarter finishing September 30, 2020. It was Rs 655 crore in the year-prior period. This is a six-crease hop when contrasted with the net benefit of Rs 655 crore revealed in the year-back period.   

The bank will likewise exact a comfort charge if the money store in the money acceptor/recycler machines surpasses Rs 10,000 every month either as a solitary exchange or different exchanges.  

ICICI bank is one of the reputed and prestigious banks in India. It is founded on 5th January 1994. The head office of ICICI bank is situated in Gujrat. 

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