The exact amount of cash you can withdraw from an ATM in one day is not a fixed universal figure; it varies significantly based on several factors, primarily your bank, the type of account you hold, and the specific card you are using.
Understanding Daily ATM Withdrawal Limits
Daily ATM withdrawal limits are set by individual banks to manage risk and maintain liquidity. These limits can differ widely even within the same bank, depending on the customer's account and card tier.
General Withdrawal Limits
For most standard bank accounts in India, the daily ATM cash withdrawal limit typically ranges from ₹10,000 to ₹50,000. This range covers a majority of savings and current accounts.
| Account/Card Type | Typical Daily Withdrawal Limit (INR) |
|---|---|
| Standard Accounts | ₹10,000 to ₹50,000 |
| Premium Cards | ₹50,000 to ₹1,00,000 |
Premium Card Limits
If you hold a premium debit or credit card (such as Gold, Platinum, Signature, or Infinite variants), you are generally afforded higher withdrawal limits. These cards can allow you to withdraw anywhere from ₹50,000 to ₹1,00,000 in a single day, often with higher limits per transaction as well.
Factors Influencing Your Specific Limit
To determine your precise daily cash withdrawal limit, consider the following key factors:
- Your Bank's Policy: Each bank sets its own specific limits for different types of accounts and cards.
- Account Type: Limits can vary for savings accounts, current accounts, salary accounts, or specific privilege accounts.
- Card Type: The tier of your debit card (e.g., Classic, Gold, Platinum, Signature) directly impacts your permissible withdrawal amount. Higher-tier cards generally come with higher limits.
- Transaction Limits: While there's a daily overall limit, there might also be a per-transaction limit. For premium cards, the stated range often refers to the maximum that can be withdrawn per transaction, which can sum up to a higher daily total if multiple transactions are allowed within the daily limit.
How to Find Your Specific Daily Withdrawal Limit
To ascertain your exact daily cash withdrawal limit, you can:
- Check Your Bank's Official Website or App: Most banks provide detailed information on ATM limits in their terms and conditions, FAQ sections, or directly within your online banking portal or mobile app.
- Refer to Your Welcome Kit: When you receive a new debit or credit card, the welcome kit often includes information about your card's features and limits.
- Contact Customer Service: Reach out to your bank's customer support hotline. They can provide accurate details based on your specific account and card.
- Visit a Bank Branch: A visit to your nearest bank branch can also help you get personalized information about your daily withdrawal limits.
Understanding these factors allows you to effectively manage your cash needs and plan your withdrawals accordingly.
