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In addition to these two banks, the private bank ICICI allows its customers to withdraw Rs 1 lakh from the home branch. SBI, the country’s largest state-owned bank, has recently increased the limit on withdrawals from checks and other branches.
ATM Cash Withdrawal
New Delhi: Different banks in the country have different rules for withdrawing money. State Bank SBI customers can withdraw only Rs 25,000 from other branches in a day. Similarly, PNB Classic debit cardholders can withdraw Rs 25,000 in a day. In addition to these two banks, the private bank ICICI allows its customers to withdraw Rs 1 lakh from the home branch. SBI, the country’s largest state-owned bank, has recently increased the limit on withdrawals from checks and other branches.
You can withdraw up to Rs 25,000 from the branch
Under the new rules, SBI customers can withdraw up to Rs 25,000 from non-SBI branches. Such withdrawals can be made on the passbook of the savings account. Rs 1 lakh can be withdrawn using a check. Cash withdrawal limit for third parties has been fixed at Rs 50,000.
Punjab National Bank offers three types of debit cards to customers
Punjab National Bank offers three types of debit cards to its customers. Platinum, Classic and Gold cards fall into this category. According to PAB’s official website, the one-day withdrawal limit for PNB Platinum debit card holders is set at Rs 50,000. The one-time cash withdrawal limit is set at Rs 20,000 and the EOS or POS limit is set at Rs 1.25 lakh.
What is the rule of which bank?
You can withdraw Rs 10,000 in a day from HDFC Bank ATMs. This limit is for HDFC Bank ATMs and ATM withdrawal rules. With the help of debit card you can withdraw Rs 25,000. The withdrawal limit also depends on which debit card it is on. You can withdraw money from a withdrawal slip or check by visiting any HDFC Bank branch during the working hours of the bank. You can deposit money in the branch through deposit slip.
Cash withdrawal limit up to Rs. 1 lakh
ICICI Bank has set a limit of Rs 1 lakh for customers to withdraw cash from the home branch. This rule is for each customer per month. If you withdraw money from another branch of the bank, there will be no additional charge for withdrawing Rs 25,000 in one day. The limit has been fixed at Rs 25,000 per day for any third party transaction.
RBI instructions
Recently, the Reserve Bank had increased the interchange fees of banks. In addition, private and public sector banks were allowed to raise fees for withdrawals. The rule was made to withdraw money from ATMs. In addition, debit and credit card charges were allowed to increase. Following the RBI’s order, the RBI raised the interchange fee on ATM withdrawals from Rs 15 to Rs 17 in June. Increased interchange fee from 5 to 6 for non-financial transactions. The bank charges its customer for processing the amount. This fee is charged for transactions made by debit or credit card.
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