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ATM cash withdrawal limit 2023
How Much Money can be withdrawal from ATM at a time ?
Well, most banks typically allow you to withdraw somewhere between 20,000 to 25,000 rupees at a time. But don’t worry, they often have higher daily withdrawal limits.
For example, if you’re a HDFC Platinum cardholder, your daily limit might be as high as 100,000 rupees. However, you’d need to make multiple transactions of 20,000 rupees each to reach your daily limit, which means about five transactions in this case.
Oh, and keep in mind, some banks might send you an OTP (One-Time Password) after you’ve successfully completed two transactions, which they’ll send to your mobile phone linked with the bank. So, stay tuned for that extra layer of security! 😊
Getting More Cash from ATMs: Tips and Tricks
- Consider Using RTGS/NEFT for Money Transfers
- Whenever possible, opt for RTGS or NEFT for transferring money instead of withdrawing it from an ATM.
- Get a Chequebook for Larger Withdrawals
- If you need to withdraw a substantial amount, having a chequebook can be a convenient option.
- Visit Your Home Bank Branch for Cheque Withdrawals
- For example, if you have an account with HDFC Bank and your home branch is in Gurugram Sector 53, try to withdraw cash using a cheque from this branch.
- Note that some banks may charge fees for using a different branch, but it’s not always the case. The fees can also depend on factors like Card Type and Account type, so it’s worth checking the details.