PNB collects Rs 268 cr as ATM charges, annual maintenance fee in FY20

Punjab National Bank collected around Rs 268 crore as ATM transaction charges and annual maintenance fees on debit cards during 2019-20 fiscal, according to an RTI reply.

The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards.

While Rs 115.21 crore was garnered by way of levying a fee on ATM transactions,the bank said in a response to a Right to Information (RTI) filed by Madhya Pradesh-based RTI activist Chandra Shekhar Gaur.

In response to a query about the AMC on debit cards, New Delhi-based PNB said, "AMC for Punjab National