Bank / Credit Union

Reserve Bank of India raises ATM fees

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March 31, 2025

The Reserve Bank of India has raised the interchange fee for ATMs, raising them from 21 rupees to 23 rupees, an increase of about 2 cents, according to a report by Times of India.

However, customers will be allowed five free ATM transactions per month at their bank, and three transactions at other bank ATMs in metro areas, and five in non-metro areas.

This increase will take place on May 1.