ATM Charges In India 2025: What Customers Need To Know
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The Reserve Bank of India (RBI) has set clear rules for ATM usage across the country, covering free transactions, withdrawal limits, and additional charges. While some banks like HDFC, PNB, and IndusInd have revised their fee structures, others such as SBI still follow their earlier format. Understanding these rules can help you avoid unnecessary charges and make the most of your banking.
Free ATM Transactions in India
According to RBI guidelines, customers are entitled to three free ATM transactions per month in metro cities and five free transactions in non-metro areas. These free transactions include both financial activities (such as cash withdrawals) and non-financial ones (like balance enquiries or PIN changes).
Cash Deposit and Withdrawal at ATMs
Most banks allow free cash deposits at cash recycler machines, but withdrawals beyond the free limit may attract charges depending on the bank’s policy. For instance, while SBI still follows its older charge rules, private banks have updated their fee structures to align with RBI guidelines.
Charges After Free ATM Transactions
Once you exceed the free monthly limit, banks can levy up to ₹23 per transaction plus GST. Some examples include:
These charges highlight the importance of tracking your ATM usage
Cash Transaction Limits in India
Beyond ATMs, the RBI has also restricted high-value transactions. If you deposit or withdraw ₹20 lakh or more in a financial year, quoting your PAN and Aadhaar is mandatory. These measures are aimed at curbing black money and ensuring transparency in financial dealings.
How to Avoid Extra ATM Charges
To reduce unnecessary banking costs, customers can:
By being mindful of these rules, you can manage your banking more efficiently while avoiding avoidable charges.
Free ATM Transactions in India
According to RBI guidelines, customers are entitled to three free ATM transactions per month in metro cities and five free transactions in non-metro areas. These free transactions include both financial activities (such as cash withdrawals) and non-financial ones (like balance enquiries or PIN changes).
Cash Deposit and Withdrawal at ATMs
Most banks allow free cash deposits at cash recycler machines, but withdrawals beyond the free limit may attract charges depending on the bank’s policy. For instance, while SBI still follows its older charge rules, private banks have updated their fee structures to align with RBI guidelines.
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Charges After Free ATM Transactions
Once you exceed the free monthly limit, banks can levy up to ₹23 per transaction plus GST. Some examples include:
- PNB: ₹23 for financial transactions, ₹11 for non-financial ones
- HDFC Bank: ₹23 per transaction flat
These charges highlight the importance of tracking your ATM usage
Cash Transaction Limits in India
Beyond ATMs, the RBI has also restricted high-value transactions. If you deposit or withdraw ₹20 lakh or more in a financial year, quoting your PAN and Aadhaar is mandatory. These measures are aimed at curbing black money and ensuring transparency in financial dealings.
How to Avoid Extra ATM Charges
To reduce unnecessary banking costs, customers can:
- Use their own bank’s ATM as much as possible
- Rely on digital banking services for balance checks and fund transfers
- Keep track of ATM withdrawals to stay within the free limit
By being mindful of these rules, you can manage your banking more efficiently while avoiding avoidable charges.
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