Last Updated:
HDFC Bank says UPI-based money withdrawals at ATMs will quickly be counted as a part of clients’ month-to-month free ATM transaction restrict, after which normal prices will apply.
Currently, for financial savings and wage accounts, 5 withdrawal transactions are free throughout HDFC Bank ATMs.
HDFC Bank has knowledgeable clients that UPI-based money withdrawals at ATMs will quickly be counted as a part of clients’ month-to-month free ATM transaction restrict, after which normal prices will apply.
In a buyer communication, the personal sector lender stated the revised rule will take impact from April 1, 2026. Under the change, UPI money withdrawals carried out at ATMs will not be handled individually and can as an alternative be included throughout the variety of free transactions permitted every month.
“UPI money withdrawals at ATMs will likely be included as a part of your month-to-month free ATM transaction restrict,” the bank said in the mailer.
The bank added that customers who exceed the free transaction threshold will be charged for subsequent withdrawals. “Once the free limit is exhausted, a fee of Rs. 23 + taxes per withdrawal will apply,” it acknowledged.
Currently, for financial savings and wage accounts, 5 withdrawal transactions are free throughout HDFC Bank ATMs. For non-HDFC Bank ATMs, the free restrict is three transactions for top-6 cities and 5 transactions in non-top-6 cities.
The lender described the transfer as a part of its effort to standardise charge constructions throughout channels. “This replace is according to our dedication to sustaining clear and constant transaction prices,” the communication said.
UPI-enabled ATM withdrawals allow customers to withdraw cash without using a debit card by scanning a QR code at supported machines and authorising the transaction via a UPI app. The facility has been gradually rolled out across banks as part of efforts to expand cardless cash access.
Click here to add News18 as your preferred news source on Google. Follow News18 on Google. Join the enjoyable, play games on News18. Stay up to date with all the newest enterprise information, together with market trends, stock updates, tax, IPO, banking finance, actual property, financial savings and investments. To Get in-depth evaluation, skilled opinions, and real-time updates. Also Download the News18 App to remain up to date.
March 02, 2026, 11:11 IST
Read More
