Major banks in the country allow their customers to make a certain number of transactions free of cost at ATMs every month. The customers are charged for transactions at ATMs over and above these mandated numbers of free transactions. The number of free transactions at ATMs in a month depends on factors such as location of ATM - metro or non-metro - and the owner of ATM - whether it is owned by the home bank or any other bank. Additionally, banks also charge customers for issuance and annual maintenance of an ATM-cum-debit card.
Here's a comparison of various types of ATM-cum-debit card charges levied by SBI, HDFC Bank and ICICI Bank:
State Bank of India (SBI)
Here are the various charges of SBI's ATM cards as stated on bank's website - sbi.co.in:
| Debit Card Issuance Charges | Normal (Classic/Global) | Nil |
|---|---|---|
| Gold Debit Card | 100/- (including tax) | |
| Platinum Debit Card | 306/- (including tax) | |
| Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards) | Classic Debit Card | 100/- plus tax |
| Silver/Global /Yuva /Gold Debit Card | 150/- plus tax | |
| Platinum Debit Card | 200/- plus tax | |
| Pride/Premium Business Debit Card | 300/- plus tax | |
| Debit Card Replacement Charges | Rs.204/- (including tax) | |
| Duplicate PIN/ Regeneration of PIN | Rs.51/- (including tax) | |
| Domestic Transaction Charges | Transactions at State Bank Group ATMs | Free |
| 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 tax) | |
| Non-Financial Transaction | 6/- (including tax) |
HDFC Bank
Here are the various charges of HDFC Bank's ATM cards as stated on bank's website - hdfcbank.com:
| ATM / DEBIT CARD RELATED CHARGES | |
|---|---|
| ATM card | No Charge |
| ATM card - Replacement charges | Replacement of a lost card - Rs. 200 (plus taxes) |
| ATM card - Transaction charge - non HDFC Bank domestic ATMs | No Charge (effective 1st Dec 2014) |
| Debit Card - Annual Fee - Regular | Rs. 150 per year (plus taxes) (w.e.f. 25th Dec'14) |
| Debit Card - Renewal Fee - Regular | Rs. 150 per year (plus taxes) (w.e.f. 25th Dec'14) |
| Debit Card - Annual Fee - Platinum | Rs. 750 per year (plus taxes) (w.e.f. 1st June'15) |
| Debit Card - Renewal Fee - Platinum | Rs. 750 per year (plus taxes) (w.e.f. 1st June'15) |
| Debit Card - Replacement charges | Replacement/Reissuance Charges for Debit Cards - Rs.200 plus applicable taxes |
| Add-on debit card - Regular | One add-on card - No Charge for the first year |
| Rs. 150 per year (plus taxes) (w.e.f. 25th Dec'14) | |
| Debit Card - Transaction charge - HDFC Bank ATMs | No Charge |
| Debit Card - Transaction charge - non HDFC Bank domestic ATMs | First 5 Transactions Free across all Cities |
| Transactions over and above free limit will be charged as under: | |
| Cash withdrawal - Rs. 20 plus applicable taxes (W.e.f 1st Nov'17) | |
| Non-Financial Transaction - Rs. 8.5 plus applicable taxes (W.e.f 1st Nov'17) | |
| PIN regeneration charge | Rs. 50 (plus taxes) |
| Number of Cash transactions | 4 free cash transactions per month |
| (Cumulative of Deposit and Withdrawal) | 5th transaction onwards - Rs.150/- per transaction plus applicable taxes (W.e.f 1st Nov'17) would be levied |
| Value of Cash transactions | Any HDFC Branch |
| (Cumulative of Deposit and Withdrawal) | 2 lakh - Free per month per account. |
| Above 2 lakh - Rs.5/- per thousand or part thereof, subject to a minimum of Rs.150/- plus applicable taxes (W.e.f 1st Nov'17) | |
| Third party Cash transaction | Upto a limit of Rs.25,000/- per day - Rs.150/- plus applicable taxes (W.e.f 1st Nov'17) |
| (Cumulative of Deposit and Withdrawal) | Above Rs.25,000/- not allowed |
ICICI Bank
Here are the various charges of ICICI Bank's ATM cards as stated on bank's website - icicibank.com:
| Transaction type | Transaction charges |
|---|---|
| Joining Fee | Rs. 250 + GST as applicable |
| Annual Fee | Rs. 250 + GST as applicable |
| Lost card replacement | Rs. 199 + GST as applicable |
| Cash withdrawal from ICICI Bank ATM's | Free |
| Cash withdrawal from Non ICICI Bank ATM's | Rs. 20 per withdrawal + GST as applicable |
| Balance Inquiry from ICICI Bank ATM's | Free |
| Balance Inquiry from Non ICICI Bank ATM's | Rs. 8 per inquiry + GST as applicable |
India Post, which has a network of more than 1.5 lakh post offices across the country, also offers an ATM facility with its savings accounts.
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