ATM Charges You Have To Pay For Making Cash Transactions

- Feb 18, 2019-

Top banks in the country offer ATM-cum-debit cards but levy certain usage charges. FromState Bank of India (SBI), the country's largest lender, to private sector peers like HDFC Bank and ICICI Bank - lenders offer a fixed number of ATM transactions free of cost every month. The 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 metropolitan or any other city in the country.

Here's a comparison of various types of ATM charges levied by SBI, PNB Bank, HDFC Bank ICICI Bank:

State Bank of India (SBI)

Here are the various charges of SBI's ATM cards as stated on sbi.co.in:

ParticularsCard/ChargesCharges
Debit Card Issuance ChargesNormal (Classic/Global)Nil
Gold Debit Card100/- (including service tax)
Platinum Debit Card306/- (including service tax)
Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards)Classic Debit Card100/- plus service tax
Silver/Global /Yuva /Gold Debit Card150/- plus service tax
Platinum Debit Card200/- plus service tax
Pride/Premium Business Debit Card300/- plus service tax
Debit Card Replacement ChargesRs.204/- (including service tax)
Duplicate PIN/ Regeneration of PINRs.51/- (including service tax)
Domestic Transaction ChargesTransactions at State Bank Group ATMsFree
Other Bank ATMs - Up to 5 Transactions during a calendar month (for savings bank account only)Free
Other Bank ATMs - Beyond 5 transactions(in Savings account) AND other than savings account:
Financial Transaction:17/- (including service tax)
Non-Financial Transaction6/- (including service tax)

 

Punjab National Bank (PNB)

Here are the various charges of PNB's ATM cards as stated on pnbindia.in:

Particulars Of ChargesCharges
Type of Card
Platinum CardRs. 300/-
International CardRs. 200/-
Prepaid CardRs. 20/-
Other CardNil
Charges for Issue of Duplicate ATM/Debit Card/Replacement of ATM/Debit CardRs. 200/-
ATM/Debit Card (including Add on Cards) Annual Fee on completion of one year and thereafter to be charged on yearly basis.Rs. 100/-
Charges for issuing Add on CardRs. 100/- per card
Charges for issue of duplicate PIN (However, if the Card has not been used even once due to error in printing of PIN, issue of Duplicate PIN shall be free)Rs. 50/-
Issue of ATM/Debit Card with photograph of the CardholderRs. 25/-
Mitra Card Annual Fee/Duplicate PIN/Duplicate Card ChargesNil
Mark up Charges for each POSP transaction at Petrol Pumps, Restaurants and for Railway Bookings, etc.@2.5% subject to minimum of Rs.10/-