April 26, 2023

ATM Cash Withdrawal Limits of India's Top Banks

As an individual, it's essential to have access to cash when you need it. One way to do this is through ATMs, which allow you to withdraw money from your bank account anytime, day or night. However, there are limits to how much cash you can withdraw from an ATM in a single transaction or within a certain timeframe. These limits vary from bank to bank and can affect your ability to access the cash you need.
In this blog post, we'll be comparing the ATM cash withdrawal limits of some of India's top banks. By the end of this post, you'll better understand ATM cash withdrawal limits.

State Bank of India (SBI)

The State Bank of India (SBI) is one of India's largest and most well-known banks. It offers a range of financial products and services, including ATM cash withdrawals. SBI's ATM cash withdrawal limits are as follows:
  • 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.
  • For accounts linked to SBI Go and In Touch Tap debit cards, the daily cash withdrawal limit is ₹40,000
It's worth noting that these limits may vary depending on the type of account you have with SBI and the specific terms and conditions of your debit card. Additionally, SBI may adjust these limits from time to time, so it's always a good idea to check with the bank to confirm the current limits.

HDFC Bank

HDFC Bank is one of India's largest private banks. Customers have access to a wide range of banking services, including financial products and services, including ATM cash withdrawals. HDFC Bank's ATM cash withdrawal limits are as follows:
  • For accounts linked to a Millenia Debit Card, the daily cash withdrawal limit is ₹50,000.
  • For accounts linked to a MoneyBack Debit Card, the daily cash withdrawal limit is ₹25,000.
  • For accounts linked to a Rewards Debit Card, the daily cash withdrawal limit is Rs. ₹50,000.
Always remember to check the terms and conditions of your debit card before making any transactions. You may also want to speak with a financial advisor to get advice on how much cash you can withdraw each day based on your individual circumstances.

Punjab National Bank

Punjab National Bank (PNB) is a government-owned bank founded in 1895 and headquartered in New Delhi, India. The bank has a vast network of branches and ATMs across the country and offers its customers a range of banking and financial products and services.
ATM cash withdrawal limits are as follows:
  • For accounts linked to a PNB Platinum Debit Card, the daily cash withdrawal limit is ₹50,000.
  • For accounts linked to PNB Classic Debit Card, the daily cash withdrawal limit is ₹25,000.
  • For accounts linked to a Gold Debit Card, the daily cash withdrawal limit is ₹50,000.
It's important to remember that ATM cash withdrawal limit restrictions vary depending on your bank account with PNB. In order to avoid any inconvenience, it's best to check your bank account information online before withdrawing any money.

Bank of Baroda

Bank of Baroda is one of the top banks in India, with a strong presence across the country. Like all banks, it has certain limits for cash withdrawals from ATMs. Understanding these limits is essential for customers to ensure that they have access to the cash they need when they need it.
ATM cash withdrawal limits are as follows:
  • For accounts linked to a Baroda BPCL Debit Card, the daily cash withdrawal limit is ₹50,000.
  • For accounts linked to a MasterCard DI Platinum Debit Card, the daily cash withdrawal limit is ₹50,000.
  • For accounts linked to a MasterCard Classic DI Debit Card, the daily cash withdrawal limit is ₹25,000.
The Bank of Baroda offers a convenient and secure way for customers to access cash through its network of ATMs. By understanding the ATM cash withdrawal limits, customers can ensure they have access to the cash they need when needed.

Conclusion

We hope this post has helped you understand India's top banks' ATM cash withdrawal limits. Each bank has its own set of limitations, so it's important to be aware of these before attempting to withdraw funds from an ATM.
Additionally, it's also important to remember that the limits may vary depending on the type of debit card and the specific terms and conditions of that card. We recommend always double-checking with the bank before withdrawing funds from an ATM.

Never miss a trading opportunity with Margin Trading Facility

Enjoy 2X leverage on over 900+ stocks

Upstox Margin Trading Facility
Apple Logo
Downloadlogo
iOS App
Google Play Logo
Downloadlogo
Android App

RELATED ARTICLES

What is Blank Cheque & How to Give Blank Cheque: Meaning, Validity, & Leaf

The term “blank cheque” frequently refers to a cheque that has been signed by an authorised cheque signer but does not include any additional information like date, payee or amount. In certain cases, it becomes essential to give a blank cheque to someone depending on the requirement or demand. Now, if you are thinking about whether to give a blank cheque to someone or not, you must check some of the aspects. In the following sections, you will know everything about the blank cheque and how to use a blank cheque if required.

What is Bankers Cheque?

- As a creditor, are you worried whether your customer's cheque may bounce? …..and that you will have sleepless nights? - What if you have to make some payment to the vendor and you don't have the beneficiary's relevant banking details? For example, you only have the vendor's company name and address and the amount to be remitted. When it comes to money matters, we all seek safety and validity of payment more than anything else, isn't it? In all these situations, the banker's cheque or banker's draft or pay order is your 'go to' option.

What is Fixed Deposit (FD): Interest Rates, Benefits & Account Opening Process

Fixed deposit (FD) is a common financial instrument that most banks and non-banking financial institutions (NBFCs) offer to their customers. It is also called a 'term deposit.' Customers can invest a specific amount of money through an FD for a specific amount of time at a specific interest rate. You receive your sum and the [compounded interest](https://upstox.com/calculator/compound-interest/) at the end of the fixed time. The interest rate depends on the tenure you hold your FD for. Fixed deposits are offered for various lengths, from extremely brief tenures of 7 to 14 days to long tenures of 10 years.

What is Mobile Banking in India: Meaning, Features, Login, and Registration

Mobile Banking is the way through which financial transactions are made by using mobile phones. It includes a range of services from sending fraud alerts, transaction messages and usage activity to online payment of bills and fund transfer services. These services are provided by most financial institutions such as banks for the convenience of their customers. One of the greatest benefits of Mobile Banking is that customers can access banking services anywhere and everywhere. However, there are a few concerns associated with mobile banking such as security issues and limitations due to the differences between in-person banking and online banking.