Cash not withdrawn from ATM, but money deducted from account? Don't panic, if refund is not received within 5 days, the bank will pay compensation of ₹ 100 per day.
ATM Cash Not Dispensed but Money Deducted? RBI Rules Allow ₹100 Daily Compensation for Delayed Refund Imagine withdrawing cash from an ATM when the machine displays “Transaction Failed” or “Time Out.” No cash comes out, but an SMS confirms that money has been deducted from your bank account. The situation can be stressful, especially when … Read more