No online banking charges for Karnataka Bank's clients

Wednesday 25 March 2020 14:22 CET | News

Karnataka Bank has announced waiver of charges for NEFT, RTGS, IMPS, and UPI transactions done through its digital channels and its own ATMs.

The move is aimed at encouraging people to ensure social distancing to prevent the spread of COVID-19. According to The Hindu, different parts of India, government, and policy makers are getting their act together directing all the stakeholders to discharge their functions in a responsible manner in line with the globally accepted practices.

Therefore, Karnataka Bank decided to waive charges for NEFT, RTGS, IMPS and UPI transactions done through its digital channels and ATM transactions from Bank's own ATMs free of cost to its customers until further notifications in this regard.

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Keywords: Karnataka Bank, online banking, ATMs, fees
Categories: Banking & Fintech
Countries: India
This article is part of category

Banking & Fintech