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Content creator Rachel D’Cruz transformed an Indian sofa cover into

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ATM withdrawals to cost more: RBI revises fee from Rs 21 to Rs 23

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ATM withdrawals to cost more: RBI revises fee from Rs 21 to Rs 23

NEW DELHI: The Reserve Bank of India (RBI) on Friday announced a revision in the interchange fee and customer charges for Automated Teller Machines (ATMs) and Cash Recycler Machines (CRMs), increasing them by Rs 2 for transactions beyond the permitted free limit.. The new fee structure will come into effect from May 1, 2025.
As per the revised guidelines, customers are eligible to five free transactions per month (including both financial and non-financial transactions) at ATMs of their own bank. Additionally, they are allowed three free transactions at other bank ATMs in metro cities and five in non-metro locations.
Beyond these limits, customers may be charged up to Rs 23 per transaction





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