ATM cash withdrawals beyond the free transaction limits will cost more from May 1. We went over 14 years of data on ATM usage in India to see where it’ll hurt ...

The Reserve Bank of India (RBI) has decided to raise the ATM transaction fee from Rs 21 to Rs 23 with effect from May 1, 2025. Moreover, the RBI has said the ATM interchange fee — the charge a bank ...

Also Read: Check new charges here: ATM withdrawals to become costlier from May 1; minimum balance, credit card rules to be affected "Beyond the free transactions, a customer may be charged a ...

ATM withdrawals will become more expensive starting May 1, as the RBI and NPCI approve an increase in interchange fees. This move aims to sustain ATM operators' business viability. Cardholders in ...

The central bank has approved a Rs 2 increase in ATM interchange fees for financial transactions and Re 1 for non-financial transactions. Customers of smaller banks may feel the pinch more, as they ...

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The Reserve Bank of India (RBI) has approved a hike in ATM interchange fees, raising the cost of cash withdrawals from May 1, 2025 onwards. ATM interchange fees refer to the amount one bank pays ...

State Bank of India (SBI), the largest lender in the country, stands as the sole public sector bank generating income from ATM cash withdrawals. In the 2023-24 financial year, SBI earned Rs 331 crore ...