Need quick cash? ATMs offer convenient access to your money, anytime, anywhere. But watch out for withdrawal limits! Banks set daily and per-transaction caps. To avoid fees, stick to in-network ATMs, online transactions, or card payments.
This guide breaks down ATM withdrawal limits for major Indian banks and the latest RBI rules.
Related Reads: How to Withdraw Money From ATM?
Table of Contents
What Is the ATM Withdrawal Limit Per Day?
The ATM withdrawal limit per day in India varies by bank and account type. Generally, many banks allow a withdrawal limit between ₹10,000 to ₹50,000. However, premium cards can offer higher limits ranging from ₹50,000 to ₹1,00,000 for each transaction.
ATM Withdrawal Limit of India’s Top Banks
The considerable variations in ATM withdrawal limits among Indian banks impact your access to cash withdrawals. Understanding these limitations is essential for effectively handling regular financial transactions.
Here is a detailed breakdown of the ATM withdrawal limits for some of India’s top banks:
SBI ATM Withdrawal Limit (State Bank of India)
With debit cards, SBI allows you to withdraw between ₹40,000 and ₹1 lakh from ATMs. The bank offers up to five free ATM withdrawals every month. SBI account holders must pay additional fees if they exceed this limit.
Withdrawal restrictions vary depending on the kind of account and debit card used. This includes:
- SBI Global International Debit Card: ₹40,000/day
- SBI Platinum International Debit Card: ₹1,00,000/day
However, these limitations may vary based on your SBI account type and the debit card’s terms and conditions. The bank’s limitations may vary from time to time, therefore you must check with SBI on a regular basis to determine the current limits.
Related Read: SBI ATM Withdrawal Limit in 2024
HDFC ATM Withdrawal Limit
The ATM cash limit per day for accounts older than 6 months is ₹2 lakh per day and ₹10 lakh per month. ATM transactions are unlimited and free at HDFC Bank ATMs, while non-HDFC ATMs allow a maximum of five free transactions per month, with a limit of three free transactions in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, and Hyderabad. Once the free limit is reached, the bank levies a cost of ₹21 per transaction.
HDFC Bank’s ATM daily cash withdrawal limits per different card are as follows:
- International, Woman’s Advantage, NRO Debit Cards: ₹25,000
- International Business, Titanium, Gold Debit Cards: ₹50,000
- Titanium Royale Debit Card: ₹75,000
- Platinum, Imperia Platinum Chip Debit Cards: ₹1,00,000
- JetPrivilege HDFC Bank World Debit Card: ₹3,00,000
For security reasons, ATM cash withdrawals are limited to ₹0.5 lakh per day and ₹10 lakh per month for the first 6 months after account activation to new users. Revised Business Debit Card charges are effective from 1st August 2024.
Canara Bank ATM Withdrawal Limit
Canara Bank’s debit card allows you to withdraw cash at any time and any place. However, there are maximum withdrawal limitations each day. The bank has a daily ATM cash withdrawal limit for Classic Debit Cards from ₹40,000 to ₹75,000.
Here are some of the limits of Canara Bank’s Debit cards:
- Rupay Select Debit Card: ₹1,00,000/day
- Mastercard World Debit Card: ₹1,00,000/day
- Visa Platinum Debit Card: ₹1,00,000/day
- Rupay Platinum International Debit Card: ₹1,00,000/day
- VISA Classic Debit Card: ₹75,000/day
- Rupay Classic Debit Card: ₹75,000/day
- Mastercard Platinum Debit Card: ₹1,00,000/day
- MasterCard Business Debit Card: ₹1,00,000/day
The minimum withdrawal limit for all types of Canara Bank Debit Cards is ₹100.
Axis Bank ATM Withdrawal Limit
The daily ATM withdrawal limit established by Axis Bank differs based on the type of account and the customer profile, from ₹20,000 to ₹50,000. These limitations may differ for transactions made at various ATM branches, with certain premium accounts having greater withdrawal restrictions.
The daily limit for different debit cards is:
- Delight debit card: ₹1,00,000
- Value plus debit card: ₹1,00,000
- Online rewards debit card: ₹50,000
- Burgundy debit card: ₹3,00,000
- Priority debit card: ₹1,00,000
- Sampana debit card: ₹1,00,000
- Prestige debit card: ₹1,00,000
- E-debit card: NA
- Liberty debit card: ₹50,000
- Rewards + debit card: ₹50,000
- Rupay platinum debit card: ₹40,000
- Power salute debit card: ₹40,000
- Titanium rewards debit card: ₹50,000
- Titanium prime debit card: ₹50,000
- Visa classic/platinum debit card: ₹40,000
The bank permits five free ATM transactions each month, after which a cost of ₹20 is charged for every transaction. Axis Bank’s ATM withdrawal regulations have not changed much in recent years.
ICICI Bank ATM Withdrawal Limit
ICICI Bank has different ATM withdrawal limits per day depending on the kind of debit card.
The limits are as follows:
- Private Banking Visa Infinite Debit Card: ₹1,50,000
- Wealth Select Visa Infinite Debit Card: ₹1,50,000
- Family Debit Card: ₹1,00,000
- Privilege Banking Titanium Debit Card: ₹1,00,000
- Senior Citizen Silver Debit Card: ₹50,000
- ICICI Bank Senior Citizen Gold Debit Card: ₹75,000
- Woman’s Debit Card: ₹1,25,000
- MasterCard World Debit Card: ₹1,00,000
- Sapphiro Business Debit Card: ₹ 1,50,000
- Expressions Business Debit Card: ₹1,50,000
- Business Debit Card: ₹1,00,000
- Titanium Business Debit Card: ₹1,00,000
- Expressions Coral Business Debit Card: ₹1,50,000
Indian Bank ATM Withdrawal Limit
The following are the daily withdrawal limits of Indian Bank:
- RuPay Platinum Card (Contact): ₹50,000
- RuPay Platinum Card (Contactless): ₹50,000
- Rupay International Platinum card (Contact): ₹2,00,000
- RuPay Debit Select Card(Contactless): ₹1,00,000
- Rupay classic contactless Card (NCMC): ₹25,000
- IB DIGI – RuPay Classic Card: ₹10,000
- IB DIGI- Rupay Classic Card (Contactless): ₹10,000
- Senior Citizen Debit Card (Contact): ₹25,000
- PMJDY Card (Pradhan Mantri Jan Dhan Yojana) – Contact: ₹25,000
- Kalaignar Magalir Urimai Thittam (KMUT) Scheme Cards – Contactless: ₹10,000
- MasterCard World (Contact): ₹50,000
- MasterCard World Platinum (Contactless): ₹50,000
Bank of Baroda (BOB) ATM Withdrawal Limit
The following are the daily withdrawal limits of Bank of Baroda (BOB):
- World Agniveer: ₹50,000
- RuPay Qsparc NCMC: ₹50,000
- RuPay Platinum DI: ₹50,000
- RuPay Classic DI Debit Card: ₹25,000
- RuPay Qsparc NCMC Debit Card: ₹50,000
- MasterCard Platinum DI Debit Card: ₹50,000
- VISA Vyapaar DI Debit Card: ₹2,00,000
- Mastercard DI Platinum, BPCL: ₹50,000
- Mastercard Classic DI: ₹25,000
- RuPay Select DI: ₹1,50,000
Union Bank of India (UBI) ATM Withdrawal Limit
Union Bank of India has varied ATM withdrawal limits depending on the kind of debit card and account.
The daily withdrawal limit is:
- Classic VISA and Mastercard Debit Card: ₹25,000
- Platinum VISA and Mastercard Debit Card: ₹75,000
- Signature/RuPay Select Debit Card: ₹1,00,000
- Visa Business Platinum Debit Card: ₹1,00,000
Union Bank customers are eligible for five free monthly transactions at Union Bank ATMs. Additionally, they can perform free transactions at other bank ATMs, with a limit of three transactions in metro centres and five transactions in non-metro centres. A fee of ₹21+ GST is applicable beyond the limit of free transactions.
PNB Bank ATM Withdrawal Limit (Punjab National Bank)
The following are the maximum withdrawal limit from ATM of PNB Bank per day:
- Platinum Debit Card: ₹1,00,000/day
- Classic Debit Card: ₹25,000/day
- Gold Debit Card: ₹1,00,000/day
Customers of Punjab National Bank can enjoy five free transactions per month at the bank’s ATMs. Additionally, they are entitled to free transactions at other banks’ ATMs, with a limit of three transactions in metro areas and five transactions in non-metro areas. A fee of ₹21 plus applicable taxes is charged beyond the limit of free transactions.
Indian Overseas Bank (IOB) ATM Withdrawal Limit
Indian Overseas Bank (IOB) has the following daily ATM withdrawal limits:
- Master Card Gold: ₹20,000
- Rupay Classic NCMC: ₹30,000
- Rupay Platinum NCMC: ₹50,000
- Platinum Debit Card: ₹50,000
- Rupay PMJDY NCMC: ₹10,000/ month
- IOB Rupay Select Debit Card: ₹50,000
- IOB Visa Classic Card International Debit Card: ₹30,000
- Visa Classic Contactless: ₹40,000
- Visa Gold Contactless: ₹40,000
- Visa Platinum Contactless: ₹50,000
- Visa Signature Contactless: ₹1,00,000
Federal Bank ATM Withdrawal Limit
Federal Bank has the following daily ATM withdrawal limits:
- Visa Celesta Contactless Debit Card: ₹1,00,000
- Visa Imperio Contactless Debit Card: ₹1,00,000
- Visa Crown Contactless Debit Card: ₹50,000
- Visa FedFirst Contactless Debit Card: ₹2,500
- Mastercard Celesta Contactless Debit Card: ₹1,00,000
- Mastercard Imperio Contactless Debit Card: ₹75,000
- Mastercard Crown Contactless Debit Card: ₹50,000
- Rupay Crown Debit Card: ₹25,000
- Rupay Platinum Contactless Debit Card: ₹50,000
- Celesta Business Contactless Debit Card: ₹1,00,000
- Visa Imperio Business Contactless Debit Card: ₹50,000
Bank of India (BOI) ATM Withdrawal Limit
With effect from February 1, 2019, the Bank of India (BOI) has lowered the daily cash withdrawal limit for its Classic and Titanium debit card versions (Rupay, Visa, and Mastercard) from ₹25,000 to ₹15,000.
Other card variations, such as the Platinum and Business cards, continue to have the same withdrawal limitations. Since then, the bank has made no announcements on any new developments or modifications to its rules regarding ATM withdrawal limits.
Master Platinum Debit card and Visa Platinum Privilege Debit card each have a daily ATM withdrawal limit of ₹50,000.
IDBI Bank ATM Withdrawal Limit (Industrial Development Bank of India)
IDBI Bank provides its customers with the following daily ATM withdrawal limits:
- VISA Signature PayWave Debit Card: ₹3,00,000
- VISA Platinum PayWave Debit Card: ₹1,00,000
- RuPay Platinum Debit Card: ₹1,00,000
- VISA Gold Debit Card: ₹75,000
- Mastercard Gold Debit Card: ₹75,000
- RuPay Platinum NCMC Card: ₹1,00,000
- RuPay Classic NCMC Card: ₹25,000
- VISA Classic PayWave Debit Card: ₹25,000
- Mastercard Classic Debit Card: ₹25,000
- RuPay Classic Debit Card: ₹25,000
- VISA Women’s PayWave Debit Card: ₹40,000
- RuPay Women’s Debit Card: ₹40,000
- VISA Being Me PayWave Debit Card: ₹25,000
- VISA Kids PayWave Debit Card: ₹2,000
- RuPay Kids Debit Card: ₹2,000
- RuPay Mudra Debit Card: ₹25,000
- RuPay Kisan Card: ₹25,000
- RuPay PMJDY Card: ₹10,000
Yes Bank ATM Withdrawal Limit
Yes Bank offers the following daily ATM withdrawal limits for its various debit card variants:
- EMV Chip Silver Debit Card: ₹25,000
- EMV Chip Gold Debit Card: ₹75,000
- YES Premia World Debit Card: ₹1,00,000
- YES Prosperity Platinum Debit Card: ₹1,00,000
- YES Prosperity Titanium Debit Card: ₹1,00,000
- YES Prosperity Titanium Plus Debit Card: ₹1,00,000
- YES Bank VISA Platinum Debit Card: ₹1,00,000
Kotak Mahindra Bank ATM Withdrawal Limit
The Kotak Mahindra Bank ATM cash withdrawal limit per day is as follows:
- Business Privy League Neon: ₹2,00,000
- Business Privy League Platinum (LED DEBIT CARD): ₹2,00,000
- Privy League Black (METAL DEBIT CARD): ₹2,50,000
- Privy League Platinum (LED DEBIT CARD): ₹ 2,00,000
- Infinite Debit Card: Unlimited withdrawals at all ATMs in India and abroad
- Kotak Everyday Debit Card: ₹1,00,000
- Gold Debit Card: ₹1,00,000
- Silk Platinum Debit Card: ₹40,000
- Privy League Signature Debit Card: ₹1,00,000
- World Debit Card: ₹50,000
- Access India Debit Card: ₹75,000
- Nation Builders Debit Card: ₹1,00,000
- RuPay India Debit Card: ₹2,00,000
Additionally, according to the search results, Kotak Mahindra Bank has revised its ATM withdrawal limits effective May 1, 2024:
- Kotak Solo Saving Account: Free ATM transactions at Kotak ATMs are limited to 7 per month. From other bank ATMs 3 free transactions are allowed to be done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs and 5 free transactions from other centres.
- For Everyday Savings Account: Free ATM transactions at Kotak ATMs are limited to 7 per month, down from unlimited. Other bank ATMs also allow 7 free transactions per month.
- For premium accounts (Classic Savings, Pro Savings, Ace Savings, Ace Salary): Free ATM transactions (both at Kotak and other bank ATMs) are capped at 30 per month.
- For Everyday Salary Account: Free ATM transactions are 10 per month at Kotak ATMs and 7 per month at other bank ATMs.
Central Bank of India ATM Withdrawal Limit
The daily cash withdrawal limitations of various ATM cards of the Central Bank of India include the following:
RuPay Select Wellness and Platinum Debit Cards: daily cash withdrawal limit of ₹2,00,000
For RuPay Classic and Business Debit Cards: the daily limit is ₹1,00,000 per day
IDFC Bank ATM Withdrawal Limit
IDFC FIRST Bank offers the following daily ATM withdrawal limits for its debit card variants:
- VISA Platinum Debit card: ₹2,00,000
- VISA Classic Debit card: ₹1,00,000
- RuPay Platinum Debit Card: ₹50,000
- RuPay Classic Debit Card: ₹40,000
- Visa Platinum Business Debit Card: ₹1,00,000
- Visa Signature Business Debit Card: ₹2,00,000
- FIRST Private Debit Cards: ₹10,00,000
- Wealth Debit Cards: ₹7,00,000
- Select Debit Cards: ₹5,00,000
India Post Payments Bank (Post Office) ATM Withdrawal Limit
According to the search results, India Post Payments Bank (IPPB) has the following ATM withdrawal limits:
For Basic Savings Account: Free cash withdrawals at IndiaPost ATMs, subject to ₹10,000 per transaction and ₹25,000 per day. 3 free transactions are allowed to be done in metro centres and 5 in non-metro centres from other bank ATMs.
UCO Bank ATM Withdrawal Limit
The daily cash limits of the several UCO Bank ATM cards are as follows:
- RuPay Platinum Insta Contactless Debit Card (Non-Personalized): ₹50,000
- RuPay Platinum Personalized Contactless Debit Card: ₹50,000
- Rupay Select Personalized Contactless Debit Card: ₹50,000
- VISA Personalized Contactless Debit card: ₹50,000
Bank of Maharashtra ATM Withdrawal Limit
Bank of Maharashtra has the following daily ATM withdrawal limits:
- For Classic Debit Card: ₹40,000
- For Platinum Debit Card: ₹1,00,000
- For Corporate Debit Card and VISA Purple Card: ₹1,00,000
IndusInd Bank ATM Withdrawal Limit
The daily ATM withdrawal limits for Induslnd bank ATM debit card variants are:
- For Platinum Debit Card: ₹1,00,000
- PIONEER World Debit Card: ₹5,00,000
- Titanium Debit Card: ₹50,000
- Platinum Select: ₹1,50,000
- Platinum Exclusive: ₹2,00,000
Karur Vysya Bank ATM Withdrawal Limit
The daily ATM withdrawal limits of Karur Vysya Bank are as follows:
- Rupay/VISA/MasterCard – Normal Debit Card: ₹30,000
- Prestige Debit Card customers: ₹50,000
- MasterCard – Pride Debit Card, VISA/MasterCard – Business Debit Card: ₹1,00,000
How Much Cash Can Be Withdrawn from an ATM at Once?
In India, the average ATM withdrawal limit per transaction varies between ₹20,000 and ₹100,000, depending upon the bank and debit card type. The typical ATM withdrawal limit is between ₹20,000 and ₹40,000 per transaction for the majority of public sector banks, including State Bank of India, Bank of Baroda, and Canara Bank. More limitations are sometimes offered by private banks; for example, HDFC Bank and ICICI Bank permit withdrawals of up to ₹50,000 for specific premium debit card varieties.
Recent New ATM Cash Withdrawal Rules and Regulation
The RBI has updated ATM transaction policies:
- After exceeding the cash withdrawal limit, each transaction costs ₹21.
- The increased charge compensates banks for rising costs and interchange fees.
- Banks must provide a minimum of 5 free ATM transactions per month, including both financial and non-financial transactions.
- This free limit applies to transactions at the bank’s own ATMs as well as other bank ATMs.
Can you Increase your ATM Withdrawal Limit?
Yes, you can increase your ATM withdrawal limit in the following ways:
- The easiest method is to contact your bank and request an increase.
- Banks may offer to raise your ATM cash withdrawal limit either temporarily or permanently.
- Your account history, relationship with the bank, and reason for the increase hold an important place.
- You’ll need a strong justification for a permanent limit increase.
Higher limits necessitate increased vigilance to prevent unauthorized access in case of debit card loss or theft.
Conclusion
Users must adhere to the updated daily ATM cash withdrawal limit as per the RBI’s implementation to remain compliant and prevent paying extra charges. Smart financial practices, such as checking account balances and making fewer but larger withdrawals, can help customers get the most out of their free ATM transactions while minimising penalties. It is also suggested that you check with your bank on a regular basis for changes in ATM policy.
Related Read: How To Use ATM Cards – Steps to Follow
Frequently Asked Questions
1. How much money can be withdrawn from an ATM at once?
Depending on the bank, the maximum amount that you can withdraw from an ATM at once can differ; however, it usually ranges from ₹10,000 to ₹40,000 for each transaction. Certain banks may have different restrictions based on the kind of account and the person. It’s crucial to confirm the precise ATM withdrawal limit set by your bank.
2. How many ATM transactions are free?
Most Indian banks provide their customers with five free ATM transactions each month at their own bank’s ATMs, in accordance with RBI requirements. Depending on the area, users of other bank ATMs are also normally permitted three to five free transactions each month. Banks may charge up to ₹21 for each withdrawal in addition to the free transactions.
3. Can I withdraw ₹1000 From an ATM everyday?
While withdrawing ₹1,000 from an ATM daily is possible, it may not always be recommended. After 5 free transactions, you will be levied a fee on your transactions.
4. What to Do When You Need Money Urgently?
When you need money urgently, consider alternative options to ATM withdrawals. These include mobile wallets, online banking transfers, and borrowing from friends and relatives. If necessary, go to your bank branch to make a withdrawal or explore short-term financing options. Avoid excessive ATM use since it may result in greater costs and a decrease in your account balance.
5. Does an ATM card charge a fee for money withdrawal?
Most banks in India offer up to 5 free transactions at their own ATMs and 3-5 at other banks’ ATMs. After you’ve used your free limits, banks can charge a fee of up to ₹21 per withdrawal.
6. Is OTP required for an ATM withdrawal?
Yes, an OTP (One-Time Password) is typically required for a certain amount of ATM withdrawals in India. For example, SBI users will need an OTP if they wish to withdraw above ₹10,000. The OTP is sent to your registered phone number. This additional security step helps to prevent unauthorized access to your account. However, certain banks may need alternative identification for ATM withdrawals.
