The Reserve Bank of India (RBI) recently announced a revision in the fee structure for transactions conducted at ATMs and Cash Recycler Machines, with an increase of Rs 2 in charges. This new fee structure will come into effect from May 1, 2025. Under the updated guidelines, customers will now be entitled to five free transactions at their own bank’s ATMs, with a provision for limited free transactions at other bank ATMs depending on the location. This move by the RBI aims to regulate and streamline the usage of ATMs and promote digital transactions. It is essential for customers to stay informed about these changes to avoid any inconvenience while conducting transactions at ATMs. Stay updated for more information on banking and financial regulations in India.