From April 1, 2026, banks including HDFC and PNB will revise ATM withdrawal rules. UPI-based cash withdrawals will now count toward free monthly limits, with charges of ₹23 plus taxes after exceeding them. PNB will also reduce daily withdrawal limits for select debit cards, impacting customer cash usage.
The changes come as part of banks’ efforts to streamline ATM services and align UPI-based withdrawals with existing transaction policies. Customers are advised to track their free transaction limits closely to avoid extra charges.
HDFC Bank Changes
• UPI-based ATM withdrawals now included in free monthly transaction limits
• After exceeding limits, ₹23 plus taxes per transaction will apply
Punjab National Bank Changes
• Daily withdrawal limits reduced for certain debit cards
• Customers may need to plan cash usage more carefully
Customer Impact
These changes mean higher costs for frequent ATM users and stricter limits for debit cardholders. Customers are encouraged to use digital payments to minimize ATM dependency.
Key Highlights
• ATM rules revised from April 1, 2026
• HDFC Bank counts UPI withdrawals in free limits
• Charges of ₹23 plus taxes after exceeding limits
• PNB reduces daily withdrawal limits for select cards
• Customers urged to monitor usage and adopt digital payments
Sources: Republic World, India TV News, CNBC TV18, NewsBytes, Deccan Chronicle