Bank ATM Update – What is the New Rule for ATM Cardholders? In today’s digital age, most people have a bank account where they deposit money to keep it safe and earn interest. With this in mind, ATM cardholders need to understand the new rules about withdrawing money from ATMs.
Many times, you may need to withdraw a larger sum than usual. So, it’s essential to know the limits on how much money you can take out. In this article, we will explain the updated guidelines in detail.
How much money can you withdraw from an ATM card in one day?
Everyone has an ATM card linked to their bank account, and you might be wondering how much money you can withdraw from your ATM card daily.
For your information, with a classic Visa, MasterCard, or RuPay debit card, you can withdraw up to ₹25,000 per day. With a Platinum Visa or MasterCard, you can withdraw up to ₹75,000. Furthermore, with a Platinum Visa or MasterCard, you can withdraw up to ₹100,000 from the ATM.
At the end of this article, we’ll also explore the rules for withdrawing money from a bank ATM and how many transactions you can make without incurring any charges.
What are the rules for withdrawing money from Paytm, and how many free transactions can you make in one day?
Vidya is a Paytm cardholder, and you may be wondering about the rules for withdrawing money from a bank ATM. Specifically, how many times can you withdraw money from an ATM for free in a day? Let me clarify that you can make up to five free withdrawals per month from your bank’s ATM. Beyond that, the limit is three free withdrawals from the bank’s ATMs.
Additionally, ATM cardholders in non-metro cities can withdraw money from their bank’s ATM five times a month without any charges. After these free withdrawals, a fee of ₹21 may apply for each transaction.
ATM Withdrawal Rules:
What are the new rules for withdrawing money from ATMs? If you’re an ATM cardholder, here’s what you need to know. Banks generally set a withdrawal limit from your ATM, depending on the bank’s policy and the type of ATM card you have.
Most banks set a withdrawal limit between ₹10,000 and ₹50,000. If you’re thinking of withdrawing more, premium cards allow transactions between ₹50,000 and ₹1,00,000 in a single transaction. Additionally, you can make five free ATM transactions per month. Customers in smaller towns can also withdraw money for free five times a month from other bank ATMs. After that, you’ll need to wait until the next day to make additional withdrawals.
ATM Withdrawal Charges:
What are the ATM withdrawal charges in 2025? If you’re wondering about the fees for ATM withdrawals, here’s what you need to know. Once you reach your free transaction limit, you will be charged ₹21 for each withdrawal. Also, for non-SBI bank ATMs, after the first five transactions, there will be a charge of ₹20 plus GST per transaction.
You can make up to five free ATM withdrawals per month from your bank’s ATM. SBI debit card fees vary depending on the type of card, ranging from ₹100 to ₹300. There is also an annual maintenance fee for SBI debit cards, which can range from ₹200 to ₹425, and for SBI’s premium business debit card, the annual fee is ₹425 plus GST.
How many free ATM transactions can you make?
ATM cardholders should know that most banks offer up to five free transactions at ATMs each month. After that, a fee of ₹21 will be charged for each additional transaction.