Technology has made our lives more comfortable, but at times it can fail, and we have to bear the consequences. Take the case of ATMs. Although they are one of the best inventions to have been made, a failed transaction can put us in a real fix.
In case the ATM did not dispense money, and you get a message saying that the account was deducted; the money will not only be returned to your account, you are also entitled to receive compensation.
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Here are the some RBI rules that enable you to claim compensation:
These guidelines became effective from July 1, 2011, and are subject to conditions stipulated by RBI.
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