Punjab National Bank collected around Rs 268 crore as ATM transaction charges and annual maintenance fee on debit cards during 2019-20 fiscal, according to an RTI reply.
The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards.
While Rs 115.21 crore was garnered by way of levying a fee on ATM transactions, the bank said in a response to a Right to Information filed by Madhya Pradesh-based RTI activist Chandra Shekhar Gaur. In response to a query about the AMC on debit cards, New Delhi-based PNB said, “AMC for Punjab National Bank is Rs 150 per year plus taxes. AMC for Kisan Credit Cards, Mudra, PMJDY and cards issued under other Government schemes is nil.”
