According to the rules of RBI, if you use ATM more than the limit in a month, then for that you will have to pay the charges prescribed by the bank.
ATM Transactions Limit
In the era of online banking, most of the work has become digital. But cash is needed for many types of needs. In such a situation, cash has to be withdrawn from the ATM. But do you know how much money you can withdraw from an ATM in a day? Different banks have different rules regarding this.
SBI ATM transaction Limit
State Bank of India- According to the rules of the country’s largest bank SBI, you can withdraw at least 100 rupees and maximum 20 thousand rupees from ATM in a day. 40 thousand can be withdrawn from Global International Card and 50 thousand rupees from Gold International Card.
PNB ATM transaction Limit
Punjab National Bank- With PNB Platinum and Rupay debit cards, up to Rs 50,000 can be withdrawn in a day. At the same time, only Rs 25,000 can be withdrawn from Master Debit card or Classic Rupay card.
HDFC ATM transaction Limit
HDFC Bank – According to the information given on the bank’s website, the bank allows cash withdrawal of Rs 1 lakh per day through its platinum debit card. However, the limit is less on other cards.
ICICI Bank ATM Transaction Limit
ICICI Bank – According to the information given on the bank’s website, you can withdraw cash up to Rs 1 lakh through Platinum Chip Card. At the same time, 1.5 lakh rupees can be withdrawn through Visa Signature Debit Card.
According to the rules of RBI, if you use ATM more than the limit in a month, then for that you will have to pay the charges prescribed by the bank. Most of the banks offer their customers the facility of free ATM transactions 5 times a month, while in metro cities this limit is 3 times.