The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App.
Bank ATM New Rules: Many banking rules, including ATM cash withdrawal, are going to change from July 1. During lockdown, relaxations that were given to the people in banking related transactions, are going to be tightened, until there is no new announcement on the same.
Debit Card users alert! Are you debit card users of SBI, PNB, HDFC, ICICI, or other banks? Then this is important new for you! All public and private banks will block debit cards (ATM cards) which doesn't have EMV (Europay, Mastercard and Visa) after 1st January 2020. According to the Reserve Bank of India (RBI) guidelines, all Indian banks need to replace the magnetic debit card of their customers with a new EMV card.
ATM fraud by hackers helps them steal over Rs 1 crore using SBI ATM cards. Here's everything you need to know about ATM hacks and how you should keep yourself safe.
Delhi Crime Branch on Saturday busted an ATM skimming gang, who tampered with thousands of ATM machines across the country and extracted millions of rupees with the help of cloned ATM cards. Infamous by the name of Tiger gang of Delhi, the group of ATM skimmers was involved in several ATM fraud cases. They used Sophisticated equipment.
Several people have reported of ATM frauds in the past and about the card skimming technique to clone debit/credit cards to withdraw money from remote locations was used. Recently, a group of citizens in Delhi's Arjun Nagar area discovered an ATM kiosk of Canara Bank rigged with card skimming chip and hidden camera.
With the payment of just Rs 20, you can have a savings accounts in India Post, which comes with an ATM facility. It pays interest at the rate of 4 per cent per annum on deposit in its savings account in the current quarter. For opening an account and other details, you will have to visit the official website of India Post i.e -- indiapost.gov.in.
If you are a Debit card or Credit card user and go to a bank ATM for cash transaction then there is good news for you from Reserve Bank of India (RBI). As per RBI's latest notification if you visit bank ATM and there is no cash in it, then your bank cannot count this transaction in the free transaction limit that it has set.
All old ATM/debit and credit cards won't be working from 1 January 2019. According to the RBI directive, all magnetic stripe cards are required to be replaced by EMV chip cards.
New Delhi: The Reserve Bank of India has discovered that over one-third or 33 per cent of total installed ATMs across India do not function. The information was given out by Reserve Bank deputy governor
Patna, Nov 23: A senior police official was today arrested from his residence here for allegedly using the ATM card of a government official, who was held recently on graft charges.ADG (Vigilance) P K Thakur
Top News
