The Kerala based Federal Bank, pioneers in introducing many innovative products, today announced total freeing of ATM operations for the Bank�s customers.
At present a debit card holder of a particular Bank can do transactions at an ATM of a different Bank upto five times a month. From the sixth transaction, most of the banks levy Rs 20 per transaction.
With the introduction of the new facility, a Federal bank debit card holder can transact through any Bank�s ATM in the country, any number of times, without being levied any charges. This facility is extended to all debit card holders, irrespective of the type of account they hold, a bank press release said.
The facility will become operational from tomorrow.
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