Tag Banking

ATMs: The Hidden Cost of Convenience [Infographic]

Please follow the link to know more.In India, banks were charging for using other banks ATMs.Then they withdrew it under pressure.Now they have reintroduced it with a fee of Rs 20 per transaction, with a free 5 withdrawals. ATMs were introduced as a value addition free of cost.Slowly they are charging us to withdraw our money! For some more audacious practices followed by banks please read my blogs filed under Banks.