Tag: limit

  • ATM Transaction Limit and Charges: customers know the latest

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    Check ATM Transaction Limit and Charges: Nowadays almost all ATMs do transactions. But if you do not know the rules and charges of ATM transactions, then you may suffer financial loss.

    RBI has made rules for ATM withdrawal limit and charges, on the basis of which banks have fixed their charges. In fact, the ATM transaction limit often depends on your account type and the debit card you are using. If you are a customer of SBI, HDFC, ICICI or Axis Bank, then let us know how much will be charged and what is your bank’s ATM cash transaction limit?

    As per RBI rules, ATMs in six metro cities such as Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi have different rules. There will be at least three free transactions (including financial and non-financial transactions) in a month, while in other places, banks have to allow their savings bank account holders to have at least five free transactions (financial and non-financial transactions) at other bank ATMs in a month. including financial transactions).

    According to the information given on the SBI website, you can do 3 free transactions in 6 metro centers (Mumbai, Delhi, Chennai, Kolkata, Hyderabad and Bangalore). Whereas in other places 5 free transactions (financial and non-financial) can be done in a month. 20 plus GST for withdrawing money from other bank’s ATMs after five transactions and 10+GST applicable on SBI ATMs. In this, for non-financial transactions in excess of the limit, Rs 8 plus GST for ATMs of other banks and Rs 5 plus GST for SBI ATMs.

     

    As per the information on HDFC Bank’s website, HDFC Bank offers 5 free transactions per month for savings and salary accounts at bank ATMs, 3 free transactions at Metro ATMs and 5 free transactions at non-metro ATMs for other banks gives. HDFC Bank charges Rs 21 plus GST if you make cash withdrawals more than the specified number of free transactions, while for non-financial transactions, Rs 8.50 plus GST.

    As per the information given on the ICICI Bank website, the first five transactions (both financial and non-financial) done at ICICI Bank ATMs are free. After that, you will be charged Rs 21 for withdrawal and Rs 8.50 for non-financial transactions. In this too, the first three transactions (financial and non-financial) every month at non-ICICI Bank ATMs in six metro areas (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad) are free as per RBI norms. At the same time, apart from this, the first five transactions (financial and non-financial) in other cities are free.

    Regarding withdrawal from ATMs, RBI has said that banks should provide at least five free transactions in a month to their savings bank account holders. Wherever the ATM is located, non-cash withdrawal transactions will be provided free of cost. That is, RBI is friendly to customers regarding ATM rules.

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    ( With inputs from : kashmirpublication.in )

  • Twitter to limit SMS two-factor authentication to Blue users

    Twitter to limit SMS two-factor authentication to Blue users

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    San Francisco; Micro-blogging platform Twitter has announced that it will no longer allow non-Twitter Blue users to use text messages as a two-factor authentication (2FA) method, after March 20.

    Also, users will now not be able to enroll in the text message/SMS method of 2FA unless they are Blue subscribers, the company said in a blogpost.

    After March 20, non-Blue accounts with text message 2FA still enabled “will have it disabled.”

    Currently, the platform offers three methods of 2FA – text message, authentication app and security key.

    The company further mentioned that it “encourages” non-Blue users to “consider using an authentication app or security key method instead.”

    “These methods require you to have physical possession of the authentication method and are a great way to ensure your account is secure,” it added.

    Meanwhile, last week, Twitter had confirmed that it will charge Rs 650 per month for its Blue service with verification on the web and Rs 900 on Android and iOS mobile devices in India.

    In December last year, the micro-blogging platform relaunched its Blue subscription service with verification, costing $8 for Android users and $11 for iPhone owners per month globally.

    Moreover, Blue subscribers in the U.S. can create long tweets of up to 4,000 characters.

    Blue users will also see 50 per cent fewer ads in their home timeline.

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    ( With inputs from www.siasat.com )

  • JK Bank MPay Daily And Monthly Transactions Limit And Charge

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    JK Bank MPay Daily And Monthly Transactions Limit And Charge

    J&K Bank mPay is a mobile application that allows you to access your bank account(s) using a smart phone. You can view account related information, transfer funds, pay bills and recharge your mobile and a lot more using this application. Download the application now to make banking simple!



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    An existing J&K Bank customer with a Savings/Current/Cash Credit account having mobile number updated with us can use mPay facility.

    What is the daily Transaction limit?

    Daily transaction limit of Rs. 5, 00,000 & Monthly limit of Rs. 30, 00,000. Total Number of transactions per day: 20
    Max amount per transaction: Rs.3,00,000 (JK Bank – JK Bank)
    Max amount per transaction: Rs.2,00,000 (IMPS/ NEFT)

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    ( With inputs from : kashmirpublication.in )

  • Low H-1B visa limit affecting employers: Study

    Low H-1B visa limit affecting employers: Study

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    New York: The low annual limit for US H-1B work visa petitions is currently the main problem facing employers trying to secure foreign-born talent, according to a new research.

    The H-1B visa denial rates have returned to low levels following the administration’s losses in federal court during former President Donald Trump’s last year in office, the National Foundation for American Policy (NFAP) said in a new study released on Thursday.

    In April 2022, the US Citizenship and Immigration Services (USCIS) reported employers submitted over 483,000 H-1B registrations, almost 400,000 above the 85,000-annual limit for H-1B petitions.

    The denial rate for (new) H-1B petitions for initial employment in FY 2022 was 2 per cent.

    The rate declined during the final year of the Trump administration after judges declared many of its H-1B-related actions unlawful.

    This led to a legal settlement and changes to restrictive immigration policies that resulted in the denial rate for new H-1B petitions for initial employment in FY 2021 dropping to 4 per cent — far lower than the denial rate of 24 per cent in FY 2018, 21 per cent in FY 2019 and 13 per cent in FY 2020.

    The research, based on data from the USCIS H-1B Employer Data Hub, also found that Amazon had the most approved H-1B petitions for initial employment in FY 2022, with 6,396, followed by Infosys (3,151) and TCS (2,725).

    The 85,000 new H-1B petitions allowed each year for companies represent only 0.05 per cent of the approximately 165 million people in the US labor force.

    An H-1B petition is often the only practical way to hire a high-skilled foreign national, including an international student.

    At US universities, more than 70 per cent of full-time graduate students in electrical engineering and computer and information sciences are international students.

    A 2022 NFAP study found 55 per cent of America’s startup companies valued at $1 billion or more have at least one immigrant founder, illustrating the importance and contributions of immigrants to the US economy.

    “Despite the end of the Trump administration’s restrictive immigration policies that made US companies less competitive in the global battle for talent, companies in America still must deal with the low annual limit on H-1B petitions and employment-based green cards,” said Stuart Anderson, NFAP’s executive director.

    “These and other policies encourage employers to send work and people outside the US and make it difficult for many talented people to pursue their dreams in America,” he added.

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    ( With inputs from www.siasat.com )

  • Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh

    Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh

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    Delhi: Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh.

    In her Budget Speech, the minister also announced a new small savings scheme for women.

    “The maximum deposit limit for Senior Citizen Savings Scheme will be enhanced from Rs 15 lakh to Rs 30 lakh,” the minister said in her 87-minute long speech.

    She also proposed that the maximum deposit limit for Monthly Income Account Scheme will be enhanced from Rs 4.5 lakh to Rs 9 lakh for a single account and from Rs 9 lakh to Rs 15 lakh for a joint account.

    Announcing a new ‘Azadi Ka Amrit Mahotsav Mahila Samman Bachat Patra’, Sitharaman said a one-time new small savings scheme, Mahila Samman Savings Certificate, will be made available for a two-year period up to March 2025.

    “This will offer deposit facility up to Rs 2 lakh in the name of women or girls for a tenor of 2 years at fixed interest rate of 7.5 per cent with partial withdrawal option,” she said.

    The minister also announced to that an integrated IT portal will be established for investors to reclaim unclaimed shares and unpaid dividends from the Investor Education and Protection Fund Authority with ease.

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    ( With inputs from www.siasat.com )

  • Apple may limit Wi-Fi 6E network to iPhone 15 Pro models

    Apple may limit Wi-Fi 6E network to iPhone 15 Pro models

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    San Francisco: Tech giant Apple will reportedly bring support for Wi-Fi 6E network to only iPhone 15 Pro models.

    Apple leaker Unknownz21 (@URedditor) shared a document which featured diagrams of the iPhone 15’s antenna architecture, reports MacRumors.

    In the document, the iPhone 15 Pro model was labelled as ‘D8x’ and indicated that the faster Wi-Fi 6E will be restricted to the iPhone 15 Pro and iPhone 15 Pro Max models.

    Whereas, the standard iPhone 15 model was labelled as ‘D3y’ and is likely to continue to use Wi-Fi 6 instead of Wi-Fi 6E.

    Currently, Wi-Fi 6E has already been added to some of the iPhone maker’s product lineup, but it is limited to the latest iPad Pro, Mac mini and MacBook Pro models.

    The Wi-Fi 6E standard enables devices to connect to routers and modems that support it, however it is a more recent technology and is not yet widely used.

    As compared to Wi-Fi 6, Wi-Fi 6E gives more bandwidth, providing faster connectivity speeds, lower latency and increased capacity, the report said.

    Last week, Barclays analysts Blayne Curtis and Tom O’Malley had also shared this information but did not specify whether the feature will be available on all models or limited to the Pro models.

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    ( With inputs from www.siasat.com )