ATM Withdrawal Charges Update 2025: Bank account holders, take heed! Key banks such as the State Bank of India (SBI), Punjab National Bank (PNB), ICICI Bank, and HDFC Bank have updated the charges for ATM withdrawals and other facilities. When you learn about these charges, you may avoid paying unnecessary expenses on those services that you use frequently.
Understanding debit card charges
Banks give out debit cards for free to their account holders, but they may charge fees on issuance, annual maintenance, or replacement. Here is what you should know:
- SBI Debit Cards: There may be joining fees for debit cards of up to ₹300 and an annual charge of anything from ₹125 to ₹350. The replacement of cards shall attract a charge of ₹300.
- PNB Debit Cards: The joining fee for the first issuance is ₹250; the annual charge is ₹500, and ₹150 is charged for a replacement card.
- HDFC Bank Debit Cards: The joining fee is from ₹250 to a maximum of ₹750; the annual fee is from ₹250 to a maximum of ₹750; Rs 150 are charged for card replacement.
- ICICI Bank Debit Card: Joining fees for premium cards may go up to ₹1,999, with annual fees ranging from ₹99 to ₹1,499.
Note: All banks charge ₹50 for a PIN regeneration request.
Minimum Balance Requirement and Penalties
Failing to maintain the stipulated minimum balance will incur penalties:
- SBI: No penalty for savings regular accounts.
- PNB: Penalty applicable between ₹400 to ₹600 in case the quarterly average is not maintained.
- HDFC Bank: Depending upon the type of the account, penalties for non-maintenance of the minimum balance could range between ₹150 and ₹600.
- ICICI Bank: 6% of the shortfall amount or ₹500, whichever is lower.
Revised ATM Withdrawal Charges
The amount to be charged for transactions over the free ATM transaction limit is now revised:
SBI
- ATM withdrawals above 6 transactions at SBI ATMs: ₹10 above the per-transaction charge.
- For other bank ATMs: ₹20 per transaction.
PNB
- After 5 free transactions at ATM PNB: ₹10 for each use.
- For other banks’ ATMs: ₹20 per transaction.
HDFC Bank
- After 5 withdrawals from HDFC ATMs: ₹21 per transaction.
- For the rest, ATM non-HDFC withdrawals above 3: ₹21 per withdrawal.
ICICI Bank
- After 5 transactions free: Flat charges of ₹21.
- For other bank ATM uses beyond 3: ₹21 each.
Duplicate Statement Charges
In case of requiring a duplicate bank statement, all major banks charge ₹100 for every copy.