If any of your bank related work is pending, get it done today itself. Despite Sunday being a holiday, government banks will open today. Banks will remain closed from tomorrow till Wednesday. Bank employees will be on strike for the next 3 days demanding 2 days leave a week. The opportunity to open banks on Sunday has come after 10 years. Earlier, after demonetization in 2016, banks were open on Sunday, 14th November. Then people flocked to banks to exchange old Rs 500 and Rs 1000 notes, deposit and withdraw cash. To handle the crowd, the government had decided to open banks on Sunday also. No charge for withdrawing cash from ATM: During the bank strike, there will be no charge for withdrawing cash from ATMs of all government banks including SBI and PNB even after the monthly free limit is over. According to RBI rules, now you can withdraw cash from your bank’s ATM 5 times every month for free. There is a limit of 3 times a month in metro cities like Delhi, Mumbai and 5 times in smaller cities for free transactions from ATMs of other banks. If you withdraw cash from ATM more than the limit in a month, a charge of ₹ 23 + GST is deducted every time. Apart from this, when you use ATM, banks also charge each other a fee – Rs 19 for withdrawing cash and Rs 7 for checking balance. Unions are adamant on strike, 90% employees will participate. The unions have rejected the appeal of Financial Services Department, Indian Banks Association and Bank Management to postpone the strike. 7 big bank unions of the country will participate in the strike, to which more than 90% of the bank employees are associated. These include AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF and INBOC. The unions say that their protests will continue until the government sets a firm date for implementing 5-day working a week. Government’s denial on 5-day working in banks Media reports just before the bank employees’ strike claimed that the government had never promised 5-day working for banks and this issue was not discussed even during salary revision talks. A Finance Ministry source said that this demand was raised unilaterally by the employee unions and no consensus was reached between the two parties. There is also a dispute going on between the government and the unions regarding the PLI scheme and the rules for 5 days work a week and bonus (PLI). The government has implemented a new rule of bonus for senior officers like Scale-4 and above officers. Under this, officers doing good work can get incentive or bonus equal to 365 days’ basic salary. Bank unions are also opposing this. ——————— Also read this news… Insurance of 2 lakh rupees for ₹ 20 in PM Suraksha Bima Yojana: A person aged 18 to 70 years can avail the benefit, know its important things. In the Prime Minister Suraksha Bima Yojana, life insurance of up to 2 lakh rupees is available at an expense of ₹ 20 per year i.e. less than ₹ 2 per month. In this insurance scheme, in case of death of the beneficiary in an accident, the nominee or family gets Rs 2 lakh. In this, no medical examination is required to buy insurance. Read the full news…
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Despite today being Sunday, banks will open, ATMs will also be free: Government banks will remain closed for 3 days from Monday; 7.5 lakh employees of 12 banks on strike
