Starting May 1, 2025, ATM withdrawal charges have increased across major banks in India. The Reserve Bank of India (RBI) has set a new cap of ₹23 per transaction beyond free limits, up from ₹21 earlier.
Most banks continue to offer five free transactions at their own ATMs monthly. At other-bank ATMs, customers get three free transactions in metro cities and five in non-metro areas.
– HDFC Bank: Charges ₹23 plus taxes per withdrawal beyond free limits. Non-financial transactions remain free.
– SBI: Offers five free transactions at SBI ATMs and ten at other-bank ATMs. Charges ₹15 plus GST at SBI ATMs and ₹21 plus GST at others.
– ICICI Bank: Allows five free transactions. Post-limit, financial transactions cost ₹21, while non-financial ones cost ₹8.50 plus GST.
– IndusInd Bank: Charges ₹23 per withdrawal beyond free limits at non-IndusInd ATMs.
– PNB: Charges ₹23 per financial transaction and ₹11 per non-financial transaction beyond free limits.
These revised charges apply to all commercial banks, including regional rural banks and cooperative banks. Customers should check their bank’s policies to avoid unexpected fees.
