ATM withdrawals to cost more after free limit from May 1

Quick Summary:

From May 1, ATM withdrawals beyond free limits will cost ₹23 per transaction, as RBI hikes the cap on bank charges.

Disclosure: Entities controlled by the Kotak family have a significant shareholding in ‘Business Standard’.

Following the RBI’s announcement, multiple banks have updated their ATM fee structure, below is the mention of the banks and their charges according to their websites.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Kotak ATM charges Bank ATM free transactions ATM withdrawals charges Reserve Bank of India ATM rules HDFC ATM transaction limit ATM financial non-financial transaction Increased ATM fees India RBI guidelines ATM ATM rules non-metro RBI new ATM rules ATM transaction charges New ATM charges May 1 ATM charges in metro cities PNB ATM fees ATM fees India 2025 ATM withdrawal charges

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 17:15:07 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28297902

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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