ATM Withdrawal Charges: 🏧 SBI vs PNB vs HDFC Bank vs ICICI Bank


ATM Withdrawal Charges: Along with opening an account in any bank, it is common for customers to get net banking and debit ie ATM card. Nowadays people prefer to withdraw money from ATM instead of going to bank for cash withdrawal.

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Account holders can withdraw cash from any bank’s ATM, but the thing to keep in mind is that for this also different banks have fixed the limit of free transaction from another bank’s ATM.

How much will be charged for cash withdrawal from ATM?

In June 2022, the Reserve Bank of India had ordered banks that apart from the monthly fee for ATM cards, they can charge customers Rs 21 per transaction. It is worth noting that the first five transactions from the ATM of your bank are absolutely free for the customers. At the same time, a limit of three transactions has been fixed for other banks in metro cities. On the other hand, in non-metro cities, this limit is of five withdrawals. After doing more than this transaction, you will have to pay a maximum fee of Rs 21 per withdrawal. This rule has come into force from January 1, 2022.

Know about SBI ATM withdrawal charges-

State Bank of India offers 5 free ATM transactions up to a monthly balance of Rs.25,000. At the same time, on withdrawal more than this, you will have to pay Rs 10 per transaction and GST. At the same time, you will have to pay Rs 20 and GST at other bank’s ATMs. If your monthly balance is more than Rs 25,000, then you can withdraw cash from ATM as many times as you want for free.

Know about PNB ATM withdrawal charges-

PNB, the country’s second largest public sector bank, provides 5 free ATM transactions to its customers in both metro and non-metro cities. After this, you will have to pay Rs 10 and GST charges on cash withdrawal from PNB. At the same time, Rs 21 and GST charges will have to be paid in other banks.

Know about HDFC Bank Withdrawal Charges-

Big private sector bank HDFC Bank also gives its customers the facility to do 5 ATM transactions for free in a month. On the other hand, this limit is of 3 transactions in other banks in the metro city. After this you will have to pay Rs 21 and GST charges per transaction.

Know about ICICI Bank Withdrawal Charges-

Like other banks, ICICI Bank has also fixed a limit of 5 transactions from ICICI Bank ATMs and 3 transactions from ATMs of other banks. After this, customers will have to pay Rs 20 per withdrawal and Rs 8.50 for non-financial transactions.

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