Numerous a times, while transacting in the ATM, you probably confronted an issue wherein cash isn’t apportioned from the ATM machine however cash gets cut. Be that as it may, there is nothing to stress over it. You won’t just recover your cash, however bank would likewise pay you some sort of penalty.
According to the directions of RBI, if the transaction comes up short and on the off chance that anybody stops an objection and doesn’t recover the cash within 7 working days, then according to Payment And System Act 2007, the bank would pay the clients a penalty of 100rs. Every day. Be that as it may, it is compulsory for the clients to lodge a complaint 30 days.
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