Frequent withdrawals from ATMs (Automated Teller Machines) will be expensive from now on as RBI limits the use of ATMs to withdraw cash or for other purposes such as balance inquiry 3 free transactions per month at ATMs other banks and 5 free transactions of the same bank.
Banks ATM Transaction Limit:
Bank One ATM transaction limit: 5 transactions per month
Other Bank ATM transaction limit of 3 transactions per month
After Deadline will charge Rs.20 per transaction, including balance inquiry of automated teller machines (ATMs) will be charged after Transaction Limit
So yadtek.com intimates to plan accordingly as middle class and lower middle class can not afford to Rs.20 per transaction after the limit.