Can I withdraw 25000 from ATM at a time?

Can I Withdraw ₹25,000 From an ATM at Once?

The short answer is: it depends. Withdrawing ₹25,000 from an ATM in a single transaction isn’t universally guaranteed. Several factors influence how much cash you can access at any given time. Your bank, your account type, and even the specific ATM you’re using all play a role.

While ₹25,000 might be within the daily withdrawal limit for many accounts, it’s not a standard figure. Basic or standard savings and checking accounts often have lower daily withdrawal limits, typically in the ₹10,000 to ₹25,000 range. So, while ₹25,000 might be the maximum for some basic accounts, others might restrict you to a lower amount.

However, if you hold a premium account, such as a high-balance savings account, a premium checking account, or a private banking account, your daily withdrawal limit is likely significantly higher. These premium accounts often permit withdrawals of ₹50,000, ₹1,00,000, or even ₹2,50,000 per day. In such cases, withdrawing ₹25,000 at once would be well within the permissible limit.

Your bank’s specific policies are paramount. Even within the same account tier, different banks set different limits. It’s crucial to check with your bank directly to understand your account’s daily withdrawal limit. This information is often available on the bank’s website, through their mobile app, or by contacting customer service.

Beyond your account limitations, the ATM itself can impose restrictions. Some ATMs, especially those in less populated areas or from smaller banks, might have lower cash dispensing limits per transaction, irrespective of your account’s capabilities. You might encounter a limit of ₹10,000 per transaction, even if your account allows for much more. In such scenarios, you’d need to make multiple withdrawals to reach ₹25,000.

In summary, while withdrawing ₹25,000 from an ATM in a single transaction is possible, it’s not a given. Contact your bank to confirm your account’s daily withdrawal limit and inquire about any per-transaction limits at their ATMs. Being informed will save you time and potential frustration at the ATM.