Key lenders, both public and private, in the country offer ATM-cum-debit cards but levy certain usage charges. From State Bank of India (SBI) to private sector peers like HDFC Bank, ICICI Bank, banks 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. However, banks also charge an amount for the issuance and annual maintenance of ATMs.
Key lenders, both public and private, in the country offer ATM-cum-debit cards but levy certain usage charges. From State Bank of India (SBI) to private sector peers like HDFC Bank, ICICI Bank, banks 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. However, banks also charge an amount for the issuance and annual maintenance of ATMs.
Key lenders, both public and private, in the country offer ATM-cum-debit cards but levy certain usage charges. From State Bank of India (SBI) to private sector peers like HDFC Bank, ICICI Bank, banks 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. However, banks also charge an amount for the issuance and annual maintenance of ATMs.
Here's a comparison of ATM transaction charges by SBI, HDFC Bank and ICICI Bank:
State Bank of India
Here are the various charges of SBI's ATM cards as stated on sbi.co.in:
HDFC Bank
Here are the various charges of HDFC Bank's ATM cards as stated on hdfcbank.com:
ICICI Bank
Here are the various charges of ICICI Bank's ATM cards as stated on icicibank.com:
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