INSUBCONTINENT EXCLUSIVE:
Banks charge an amount for the issuance and annual maintenance of ATM cards.Top banks in the country offer ATM-cum-debit cards but levy
From State Bank of India (SBI), the country's largest lender, to private sector peers like HDFC Bank, ICICI Bank and Axis Bank - lenders
offer a fixed number of ATM transactions free of cost every month
The ATM charges apply depending on the type - whether it belongs to the same bank where the customer's account is located or some other bank
- and nature of ATM - whether the ATM is located in a metropolitan or any other city in the country.Here's a comparison of ATM transaction
charges by SBI, HDFC Bank, ICICI Bank and Axis Bank:State Bank of IndiaHere are the various charges of SBI's ATM cards as stated
(including service tax)Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards)Classic Debit Card100/-
plus service taxSilver/Global /Yuva /Gold Debit Card150/- plus service taxPlatinum Debit Card200/- plus service taxPride/Premium Business
chargesReplacement of a lost card - Rs 200 (plus taxes)ATM card - Transaction charge - non HDFC Bank domestic ATMsNo Charge (effective 1st
Dec 2014)Debit Card - Annual Fee - RegularRs 150 per year (plus taxes) (w.e.f
25th Dec'14)Debit Card - Renewal Fee - RegularRs 150 per year (plus taxes) (w.e.f
25th Dec'14)Debit Card - Annual Fee - PlatinumRs 750 per year (plus taxes) (w.e.f
1st June'15)Debit Card - Renewal Fee - PlatinumRs 750 per year (plus taxes) (w.e.f
1st June'15)Debit Card - Replacement chargesReplacement/Reissuance Charges for Debit Cards - Rs
200 plus applicable taxesAdd-on debit card - RegularOne add-on card - No Charge for the first yearRs 150 per year (plus taxes) (w.e.f
25th Dec'14)Debit Card - Transaction charge - HDFC Bank ATMsNo ChargeDebit Card - Transaction charge - non HDFC Bank domestic ATMsFirst 5
Transactions Free across all CitiesTransactions over and above free limit will be charged as under:Cash withdrawal - Rs
20 plus applicable taxes (W.e.f 1st Nov'17)Non-Financial Transaction - Rs
8.5 plus applicable taxes (W.e.f 1st Nov'17)PIN regeneration chargeRs 50 (plus taxes)Number of Cash transactions4 free cash transactions per
month(Cumulative of Deposit and Withdrawal)5th transaction onwards - Rs.150/- per transaction plus applicable taxes (W.e.f 1st Nov'17) would
be leviedValue of Cash transactionsAny HDFC Branch(Cumulative of Deposit and Withdrawal)2 lakh - Free per month per account.Above 2 lakh -
Rs.5/- per thousand or part thereof, subject to a minimum of Rs.150/- plus applicable taxes (W.e.f 1st Nov'17)Third party Cash
transactionUpto a limit of Rs.25,000/- per day - Rs.150/- plus applicable taxes (W.e.f 1st Nov'17)(Cumulative of Deposit and
250 + GST as applicableAnnual FeeRs
250 + GST as applicableLost card replacementRs
199 + GST as applicableCash withdrawal from ICICI Bank ATM'sFreeCash withdrawal from Non ICICI Bank ATM'sRs
20 per withdrawal + GST as applicableBalance Inquiry from ICICI Bank ATM'sFreeBalance Inquiry from Non ICICI Bank ATM'sRs
Classic/PlatinumIssuance FeesRs
200ATM Withdrawal Limit (Per Day)Rs
40,000Purchases Limit per dayRs
1,00,000Lost Card LiabilityRs
50,000Personal Accident Insurance CoverRs
2 lakhAirport Lounge AccessNoMyDesignRs
150 extraHowever, banks do charge an amount for the issuance and annual maintenance of ATM cards.
