From May 1, ATM withdrawals will cost you more

The RBI and NPCI approved a Rs 2 increase in ATM interchange fees for cash withdrawals, effective from May 1, 2025. The new fees will be Rs 19 for financial transactions and Rs 7 for non-financial transactions. These changes will be passed on to customers. The revised fee will not apply to Micro-ATMs, cash deposit transactions, or international withdrawals.

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