1 week Ago By Shyamu Maurya
Sunday, April 27, 2025 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance ATM Charges Hike: Withdrawing money from ATM will be expensive from May..
. Personal Finance ATM Charges Hike: Withdrawing money from ATM will be expensive from May 1, RBI has increased the charge By Shyamu Maurya April 27, 2025 0 4 Share Facebook Twitter Pinterest WhatsApp Telegram ATM Charges Hike: Withdrawing money from ATM will be expensive from May 1, RBI has increased the charge ATM Charges Hike: Big shock for those who withdraw cash from ATM! From 1 May 2025, every transaction after the free limit will be expensive. Know why the charge increased, who will be most affected, and how can you save money? ATM Charges Hike: If you withdraw money from ATM frequently, then you should be ready to pay more money from May 1, 2025.
Actually, the Reserve Bank of India (RBI) has approved the increase in ATM charges and this change will come into effect from May 1. Let us know why ATM fees are increasing, which customers will be affected by it and how much. How much has the ATM fee increased? Under the new rules, after exceeding the free transaction limit, now ₹ 23 will be charged on each ATM withdrawal, which is currently ₹ 21.
This increased fee will be applicable from May 1, 2025. This means that the problems of customers who use ATM more are going to increase. No change in free transaction limit Customers will still get 5 free transactions every month from their bank’s ATM.
The facility of 3 free transactions from ATMs of other banks in metro cities and 5 free transactions in non-metro cities will continue as before. However, you will have to pay an increased fee for more frequent ATM withdrawals. More impact on small banks According to experts, this increase in ATM charges will affect small banks more.
Small banks have a limited number of ATMs and they depend on the network of big banks. In such a situation, their customers will have to pay additional fees after the free limit is over. In such a situation, customers who use ATM a lot can also consider changing their bank.
Why is ATM charge increasing? Actually, white-label i.e. third party ATM operators and banks were demanding an increase in the charge for a long time.
Their argument was that due to increased operating costs, there is now a loss in running ATMs. In such a situation, the National Payments Corporation of India (NPCI) recommended RBI to increase the charge, which has been approved by the central bank. What should bank customers do? If you use ATM very rarely or only once or twice a month, then you do not need to worry.
But, if you use ATM more, then you can use your home bank’s ATM or choose the option of digital payment to stay within the free ATM transaction limit. Tags ATM Charges Hike Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Weather Update: Meteorological Department issues Yellow Alert, thunderstorms will occur at a speed of 30-40 KMPH Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018.
Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @[email protected] RELATED ARTICLES India Weather Update: Meteorological Department issues Yellow Alert, thunderstorms will occur at a speed of 30-40 KMPH April 27, 2025 India IMD Rain Alert: There will be heavy rain in these 20 states; Weather will change due to strong winds April 27, 2025 India School Holidays 2025: Big relief for students! All schools will remain closed for these many days, holiday declared April 27, 2025 - Advertisment - Most Popular Weather Update: Meteorological Department issues Yellow Alert, thunderstorms will occur at a speed of 30-40 KMPH April 27, 2025 IMD Rain Alert: There will be heavy rain in these 20 states; Weather will change due to strong winds April 27, 2025 School Holidays 2025: Big relief for students! All schools will remain closed for these many days, holiday declared April 27, 2025 8th Pay Commission: Good news for central employees! Commission members will be announced this month April 27, 2025 Load more Recent Comments Gul Mohiudin on Kavita sister-in-law wore a sari without a blouse, seeing the pictures you will also be.
.. Venkatesh on Urfi Javed crossed all limits, wore a front open hoodie top without inner, see photos and videos Gul Mohiudin on Malaika Arora came out in a backless strappy dress late at night, someone had to handle the gown and someone held her hand Gul Mohiudin on Priyanka Chopra reached award function without bra, shame had to be saved repeatedly in open jacket Venkatesh on Disha Patani shared a bo*ld picture while taking a bath, seeing Tiger Shroff’s heart beat will increase EDITOR PICKS Weather Update: Meteorological Department issues Yellow Alert, thunderstorms will occur at a speed of 30-40 KMPH April 27, 2025 IMD Rain Alert: There will be heavy rain in these 20 states; Weather will change due to strong winds April 27, 2025 School Holidays 2025: Big relief for students! All schools will remain closed for these many days, holiday declared April 27, 2025 POPULAR POSTS Weather Update: Meteorological Department issues Yellow Alert, thunderstorms will occur at a speed of 30-40 KMPH April 27, 2025 IMD Rain Alert: There will be heavy rain in these 20 states; Weather will change due to strong winds April 27, 2025 School Holidays 2025: Big relief for students! All schools will remain closed for these many days, holiday declared April 27, 2025 POPULAR CATEGORY Personal Finance 20063 Entertainment 17095 India 5025 News 3808 Technology 2487 Jobs Alert 796 Travel 653 Education 451 ABOUT US INFORMALNEWZ brings the Latest News & Top Breaking headlines on Politics and Current Affairs.
Up-to-date news coverage, aggregated from sources all over the world by informal Newz. Find latest news coverage of breaking news events, trending topics, and compelling articles. Contact us: informalnewz@gmail.
com FOLLOW US Facebook Instagram Twitter WhatsApp Youtube © - 2025 - informalnewz | Izon web Pvt. Ltd. All Rights Reserved.
Contact Us - Izon Web Pvt. Ltd. Hno.
789, Basement, Dlf Phase 4 Sector 43, Gurgaon, Haryana -122009, Call: +91-9110801499, 0124-4941700 Home Privacy Policy Authors and Team About Us Contact US Cookie Policy Disclaimer DNPA Code of Ethics Onwership and Funding Terms of Service Complaint Redressal. Fact-Checking Policy Correction policy हिन्दी.
