{"id":14016,"date":"2025-03-29T10:19:31","date_gmt":"2025-03-29T04:49:31","guid":{"rendered":"https:\/\/dev.devikapuram.com\/?p=14016"},"modified":"2026-04-29T17:18:37","modified_gmt":"2026-04-29T11:48:37","slug":"atm-withdrawal-charges-to-increase-from-may-1-rbi-raises-transaction-fees","status":"publish","type":"post","link":"https:\/\/dev.devikapuram.com\/?p=14016","title":{"rendered":"ATM Withdrawal Charges to Increase from May 1: RBI Raises Transaction Fees"},"content":{"rendered":"

[et_pb_section admin_label=”section”]
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\n\t\t\t\t[et_pb_column type=”4_4″][et_pb_text admin_label=”Text”]Starting\u00a0May 1, 2025,<\/strong>\u00a0customers using\u00a0ATM banking services<\/strong>\u00a0will have to\u00a0pay more per transaction<\/strong>\u00a0beyond their free limits. The\u00a0Reserve Bank of India (RBI)<\/strong>\u00a0has announced that the fee for ATM transactions will\u00a0increase from \u20b921 to \u20b923<\/strong>\u00a0per transaction.<\/p>\n

New ATM Transaction Limits & Charges<\/strong>
\nFree Transactions at Own Bank\u2019s ATMs:<\/strong>
\n– Customers will continue to get\u00a0five free transactions<\/strong>\u00a0(financial & non-financial) per month.<\/p>\n

Free Transactions at Other Banks` ATMs:<\/strong>
\n– Metro cities:<\/strong>\u00a0Three free transactions per month.
\n– Non-metro areas:<\/strong>\u00a0Five free transactions<\/strong>\u00a0per month.<\/p>\n

Charges Beyond Free Limit:<\/strong>
\n– Any additional transaction will now cost\u00a0\u20b923 per<\/strong>\u00a0withdrawal.<\/strong><\/p>\n

Banks and ATM Revenue<\/strong>
\nThe\u00a0Central Government<\/strong>\u00a0has revealed that while the\u00a0State Bank of India (SBI)<\/strong>\u00a0is earning\u00a0significant revenue from ATM transactions<\/strong>, several\u00a0public sector banks (PSBs) are facing financial difficulties<\/strong>\u00a0due to ATM operational costs.<\/p>\n

Impact on Customers<\/strong>
\nWith\u00a0higher ATM fees<\/strong>\u00a0and limited\u00a0free transactions<\/strong>, customers might\u00a0shift towards digital payment methods<\/strong>\u00a0like\u00a0UPI and mobile wallets,<\/strong>\u00a0reducing their dependency on cash withdrawals.<\/p>\n

For more details, customers are advised to check with their respective banks.[\/et_pb_text][\/et_pb_column]
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\n\t\t[\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Starting\u00a0May 1, 2025,\u00a0customers using\u00a0ATM banking services\u00a0will have to\u00a0pay more per transaction\u00a0beyond their free limits. The\u00a0Reserve Bank of India (RBI)\u00a0has announced that the fee for ATM transactions will\u00a0increase from \u20b921 to \u20b923\u00a0per transaction. New ATM Transaction Limits & Charges Free Transactions at Own Bank\u2019s ATMs: – Customers will continue to get\u00a0five free transactions\u00a0(financial & non-financial) per […]<\/p>\n","protected":false},"author":1,"featured_media":14017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"Starting\u00a0May 1, 2025,<\/strong>\u00a0customers using\u00a0ATM banking services<\/strong>\u00a0will have to\u00a0pay more per transaction<\/strong>\u00a0beyond their free limits. The\u00a0Reserve Bank of India (RBI)<\/strong>\u00a0has announced that the fee for ATM transactions will\u00a0increase from \u20b921 to \u20b923<\/strong>\u00a0per transaction.\r\n\r\nNew ATM Transaction Limits & Charges<\/strong>\r\nFree Transactions at Own Bank\u2019s ATMs:<\/strong>\r\n- Customers will continue to get\u00a0five free transactions<\/strong>\u00a0(financial & non-financial) per month.\r\n\r\nFree Transactions at Other Banks` ATMs:<\/strong>\r\n- Metro cities:<\/strong>\u00a0Three free transactions per month.\r\n- Non-metro areas:<\/strong>\u00a0Five free transactions<\/strong>\u00a0per month.\r\n\r\nCharges Beyond Free Limit:<\/strong>\r\n- Any additional transaction will now cost\u00a0\u20b923 per<\/strong>\u00a0withdrawal.<\/strong>\r\n\r\nBanks and ATM Revenue<\/strong>\r\nThe\u00a0Central Government<\/strong>\u00a0has revealed that while the\u00a0State Bank of India (SBI)<\/strong>\u00a0is earning\u00a0significant revenue from ATM transactions<\/strong>, several\u00a0public sector banks (PSBs) are facing financial difficulties<\/strong>\u00a0due to ATM operational costs.\r\n\r\nImpact on Customers<\/strong>\r\nWith\u00a0higher ATM fees<\/strong>\u00a0and limited\u00a0free transactions<\/strong>, customers might\u00a0shift towards digital payment methods<\/strong>\u00a0like\u00a0UPI and mobile wallets,<\/strong>\u00a0reducing their dependency on cash withdrawals.\r\n\r\nFor more details, customers are advised to check with their respective banks.","_et_gb_content_width":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-14016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/posts\/14016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14016"}],"version-history":[{"count":1,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/posts\/14016\/revisions"}],"predecessor-version":[{"id":24901,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/posts\/14016\/revisions\/24901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=\/wp\/v2\/media\/14017"}],"wp:attachment":[{"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.devikapuram.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}