INSUBCONTINENT EXCLUSIVE:
ATM card: Top banks today allow few ATM transactions every month without any chargesTop banks in the country today offer a limited number of
ATM transactions free of cost every month
Major banks, from state-run SBI to private sector lenders ICICI Bank and HDFC Bank, have certain rules applicable to their customers for
making transactions at ATMs
After the customer exhausts the permitted number of free transactions in a month, these ATM charges apply depending on the type - whether it
belongs to the same bank where the customer's account is located or some other bank - and nature of ATM - whether the ATM is located in a
customers maintaining a monthly average balance above Rs 25,000 in the previous month, according to the bank's website - sbi.co.in
In case of a lesser monthly average balance in the previous month, SBI allows up to 13 transactions a month free of cost, depending on
from Rs 5 plus GST to Rs 20 plus GST for any additional transactions beyond these limits, depending on factors such as the nature of
transaction and type of ATM.ICICI BankIndividuals holding a regular savings account with ICICI Bank are permitted to make the first three
to the bank's website - icicibank.com
These transactions include those of financial and non-financial nature
non-financial transaction for any additional transactions.HDFC BankHDFC Bank allows customers holding regular savings accounts with the bank
other banks, the bank allows the first three transactions in a month free of cost in ATMs located in Mumbai, Delhi, Chennai, Kolkata,
In case of other banks' ATMs located outside these six metros, the customers are allowed the five five transactions in a month without any
charges.Any financial transactions - meaning transactions involving cash withdrawal - above these stipulated limits in a month - either at
HDFC Bank ATMs or ATMs of other banks - are charged at Rs 20 plus taxes per transaction
Non-financial transactions above the permitted free transactions in a month are charged at Rs
8.5 plus taxes per transaction.
