The RBI will increase interchange fees on ATM withdrawals in India, raising costs for transactions beyond the free limit. This change is driven by increased operational costs. The rise aims to ...

The Reserve Bank of India (RBI) has announced that starting May 1, the fee for ATM withdrawals beyond the free monthly limit will increase by Rs 2. This means that customers will now be charged up to ...

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.

Mumbai: The Reserve Bank of India (RBI) has permitted banks to increase charges on ATM cash withdrawals beyond the free monthly limit from ₹21 to ₹23 per transaction, effective May 1, 2025. As per ...

The Reserve Bank of India (RBI) allowed banks to increase cash withdrawals charges at automated teller machines (ATMs) by Rs2 ...

RBI lifted ceiling on interchange fee on ATM withdrawals through circular issued Friday. Interchange fee is amount one bank pays another to facilitate ATM transactions.

The Reserve Bank of India (RBI) has announced a hike in ATM withdrawal charges starting 1 May 202, India Today reported. With ...

ATM cash withdrawal will see an increase from the current charge of Rs 21 per transaction. Despite the fee hike, customers will continue to receive a limited number of free ATM transactions every ...

Tamil Nadu's CM M K Stalin criticizes RBI's decision to charge up to Rs 23 for ATM withdrawals exceeding monthly limits. He ...

The Reserve Bank of India (RBI) has updated the fee structure for transactions at ATMs and Cash Recycler Machines, increasing the charges by Rs 2. Effective from May 1, 2025, customers will have a ...

Customers are eligible for five free monthly transactions (including financial and non-financial) from their state-run or ...

Banks sought an increase in ATM fees on the grounds of rising maintenance costs at ATMs. Though the hike effected is merely ...