When we open a bank account, we are given a debit card that can be used at various ATMs. Most bank accounts are accompanied by different types of debit cards. The limit for each debit card type for cash withdrawal is different.
For example with the debit card of SBI, the country's largest state-owned bank, you can withdraw Rs 20,000 per day. The cash limit of all banks and debit or ATM cards given varies. Today we'll show you how much money you can withdraw every day from the ATM card you have.
State Bank of India
India's largest state-owned bank SBI has an ATM daily maximum cash limit of Rs 20,000, while its minimum limit is Rs 100.
ICICI Bank
According to ICICI Bank's website, you can withdraw up to Rs 1 lakh a day through a platinum chip debit card. Also, according to the bank's website, you can withdraw up to Rs 1.5 lakh a day through a visa signature debit card. This information is being provided as per ICICI Bank's website.
Punjab National Bank
Punjab National Bank allows its customers to withdraw a maximum of Rs 50,000 a day through its platinum and RuPay debit cards. According to the bank's website, customers can withdraw a maximum of Rs 25,000 a day through its classic RuPay card and master debit card.
HDFC Bank
You can withdraw Rs 1 lakh daily from its ATM through the platinum chip debit card of HDFC Bank, a second-largest bank in private banks. This information has also been provided through the bank's official website hdfcbank.com.
How much does it take to withdraw from ATMs?
The Reserve Bank of India has allowed all banks to charge customers on ATM transactions more than the free monthly limit. The customer can make free transactions from his own bank from ATM five times a month. The customer can make free transactions three times from other bank ATMs in metropolitan cities. In smaller cities, free transactions can be done five times from ATMs of other banks. If transactions exceed five times, the customer will have to pay a fee of Rs. 20 for each withdrawal.
RBI has also increased the fee on cash withdrawals from Rs 20 to Rs 21. But it hasn't been implemented yet. It will begin on January 1, 2022.
FAQs
Top ICICI Debit Cards in August 2023
| Debit Card | Daily Limits |
|---|
| ICICI Titanium Debit Card | ATM Withdrawals: Rs. 1 Lakh Shopping: Rs. 1.5 Lakh |
| ICICI Bank Sapphiro Debit Card | ATM Withdrawal: Rs. 2.5 Lakh Domestic Shopping: Rs. 7.5 Lakh International Shopping: Rs. 3 Lakh |
4 more rowsAug 1, 2023
Cash withdrawal on ATMs up to Rs 25,000/- per day however per withdrawal limit of Rs. 20,000/- at PNB ATMs and Rs. 10,000/- at other Bank ATMs. POS/E-commerce (combined) transactions limit up to Rs 60,000/- per day.
What is the maximum withdrawal limit in SBI ATM? ›
Cash withdrawal is the most popular service on SBI ATMs which enables customers to withdraw up to a daily limit of Rs. 40,000 (limit on Classic Debit Card. Higher value cards permit daily withdrawal limits of up to Rs 1 lakh per day). Insert your ATM card in the respective slot.
Can I withdraw 2 lakhs from HDFC ATM? ›
HDFC Bank ATM Withdrawal Charges and Transaction Limits
HDFC Withdrawal Limit: Between Rs.25,000 and Rs.75 lakh.
Can I withdraw 3 lakhs from Icici ATM? ›
Cash Withdrawal up to Rs. 50,000/- per day (1,00,000 for HNI's).
Can I withdraw 20000 from ATM at once? ›
For accounts linked to a Classic Debit Card or a Maestro Debit Card, the daily cash withdrawal limit is ₹20,000. For accounts linked to SBI Platinum international debit cards, the daily cash withdrawal limit is ₹1 lakh.
Can I withdraw 50k in PNB ATM? ›
How much is the PNB ATM maximum daily withdrawal limit? PNB's maximum daily withdrawal limit for ATM accounts is P20,000 or upon specification of the cardholder – P50,000. If you have an old or existing account, you may visit your maintaining branch and request for the new withdrawal limit.
Can I withdraw 100k in PNB ATM? ›
Transaction Limits:
Php 10,000.00 maximum withdrawal limit per transaction. Php 50,000.00 maximum withdrawal limit per day. No transaction limit in POS usage.
What is the ATM withdrawal limit for HDFC Bank? ›
Get anytime, anywhere cash from our network of over 12,000 ATMs. You can also withdraw cash from any non-HDFC Bank ATM. You can withdraw up to Rs 10,000 a day using an ATM card from an HDFC Bank ATM and Rs 25,000 or more using a debit card (depending on the kind of card you have).
How do I know my ATM withdrawal limit? ›
How to find your ATM withdrawal limit. The documents provided to you at account opening and with your debit card usually include your ATM withdrawal limit. Alternatively, your ATM withdrawal limit may be mentioned inside your bank's official banking app, should it have one.
From October 2018, the government of India/SBI changed the daily withdraw limit in order to prevent fraud cases. Earlier, the daily withdraw limit was INR 40,000 which has been reduced to INR 20,000. If you are using SBI ATM machine, one can remove this (INR 20,000) in a single transaction.
How many free SBI ATM withdrawals are allowed per month? ›
According to RBI's statement, "Customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs. They are also eligible for free transactions (inclusive of financial and non-financial transactions) from other bank ATMs viz.
What are the ATM rules for HDFC Bank? ›
You will be allowed to withdraw a maximum of Rs. 10,000 per transaction from another bank's ATM. ATM Charges - Usage outside India Rs. 25 + applicable taxes per Balance Enquiry & Rs. 125 + applicable taxes per Cash Withdrawal +3.5% Cross Currency Mark up for non-managed segment.
Can I withdraw 100000 from HDFC ATM? ›
Cash can also be deposited at any ATM or branch of HDFC Bank. The daily free cash withdrawal limit for non-home branches is Rs 1 lakh; the daily free cash withdrawal limit for third parties is Rs 50,000.
Can I withdraw 10 lakh cash from bank? ›
Large cash transactions made by individuals are reported by banks to the income tax department. Jain says, "Banks are required to report annual cash withdrawals in excess of Rs 10 lakh (from savings account) and Rs 50 lakh (from current accounts) to the income tax authorities along with the PAN of the holder.
Can I withdraw 10 lakh cash from Icici Bank? ›
3] ICICI Bank: With effect from 1st August 2021, cash withdrawal limit at home branch for ICICI Bank customers is ₹1 lakh — per month, per account.
