₹10, 20, 50 withdrawal from ATMs? FinMin says pilot project for lower denomination notes launched

Lower denomination currency notes of ₹10, ₹20 and ₹50 have not been traditionally dispensed through ATMs. However, it may change if a pilot project succeeds.

The Government has started a pilot project for dispensing lower denomination banknotes through small value dispensers, according to Union Minister of State for Finance, Pankaj Chaudhary.

“As per RBI, the lower denomination banknotes of ₹10, ₹20 and ₹50 have not been traditionally dispensed through ATMs. A pilot project for dispensing lower denomination banknotes through small value dispensers has been launched,” Chaudhary said in a written reply to a query in Rajya Sabha on March 10, 2026.

He was replying to a query on “ whether Government is aware of the acute shortage of lower denomination currency notes of ₹10, ₹20 and ₹50 in circulation, including their limited availability in banks and non-dispensing through ATM machines across various parts of the country”.

Current supply of ₹10, ₹20, ₹50 notes

The details on supply of ₹10, ₹20 and ₹50 denomination banknotes for the last three financial years are below:

Source: Rajya Sabha reply

Demand met through notes, coins, digital payments

The minister said that the current demand for lower denomination currencies is met through a mix of banknotes and coins. Besides, the digital modes of payment constitute a significant portion of the overall transactions, including low-value transactions.

Further, “RBI has informed that it endeavours to put adequate quantity of banknotes and coins of different denominations in circulation on a continuous basis to meet the demand of the economy,” Chaudhary said.

“The Reserve Bank of India (RBI), as part of a continuous process, assesses the requirement of different denominations of banknotes and makes recommendations to the Government on the required denomination mix to be printed,” he added.