Bank Customer Alert: Punjab National Bank will levy charges of Rs 10+ GST on failed domestic ATM cash withdrawal transactions due to insufficient funds, according to the PNB website. Bank Customer Alert: 10+ GST charge on cash withdrawal transaction in ATM. “Dear Customers, w.e.f. 01.05.2023, Bank shall levy charges of Rs. 10+GST on failed domestic ATM cash withdrawal transaction due to insufficient funds,” as per the PNB website.
If you do not have money in your account and use ATM repeatedly. Till now you do not have to pay any charge on this, so now be careful. If there is no money in the account, you may find it difficult to use the ATM repeatedly. This can cause you a lot of damage. Because the country’s second largest government bank is going to make new rules for PNB customers. Whose burden will directly fall on the pocket of the common people.
Preparing to charge you 10+ GST on cash withdrawal transaction if ATM transaction is not completed due to insufficient funds in your account. If your transaction fails while withdrawing money from the ATM or the ATM transaction is not completed due to insufficient funds, then you are set to be charged 10+ GST on the cash withdrawal transaction. PNB will implement this rule from 1 May 2023. This means you will have to pay 10+GST on domestic ATM cash withdrawal transactions that fail due to insufficient funds in the account.
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