💨 Abstract

The Reserve Bank of India (RBI) has approved a hike in ATM cash withdrawal charges for banks, effective May 1, 2025. Beyond the five free transactions per month, customers will be charged a maximum of Rs 23 per transaction, up from the current Rs 21. This rule applies to both bank-owned ATMs and those of other banks in metro and non-metro areas.

Courtesy: theprint.in

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