How much can be withdrawn from ATM in one day?

ATM Withdrawal Limits: Understanding Your Daily Limits

Knowing your daily ATM withdrawal limit is crucial to avoid unexpected charges or delays. While the specifics can vary based on your bank and card type, a general understanding is essential. This article outlines the typical limits for Visa, Mastercard, and RuPay debit cards in India, and how to potentially increase those limits.

For standard Visa, Mastercard, and RuPay debit cards, the common daily ATM withdrawal limit in India is set at Rs. 25,000. This means you cannot typically withdraw more than this amount from an ATM in a single 24-hour period. Exceeding this limit might result in your transaction being declined, or potentially incurring extra fees from the bank or ATM network.

It’s important to note that this Rs. 25,000 limit is a general guideline. Individual banks may have variations in their policies, so it is always recommended to check with your specific bank for precise information. Your bank’s terms and conditions, often available online through their customer portal or mobile app, will be the most accurate source for your personal limits.

For premium cardholders, such as those with Platinum Visa cards, or holders of certain other high-value accounts, banks may offer higher withdrawal limits. These higher limits are not universal and are often tailored to the specific cardholder’s profile and banking relationship with the institution.

If you need to withdraw more than the standard limit, contacting your bank directly is the most reliable way to explore options. You can discuss potential increases to your ATM withdrawal limit, and the bank will outline the criteria for approval, if applicable. This will ensure you’re fully aware of the conditions and any potential fees associated with exceeding the limit in the future.

Understanding your ATM withdrawal limits is critical for smooth and efficient transactions. Checking with your bank and understanding your specific circumstances will empower you to navigate ATM withdrawals without encountering unforeseen issues.