• The Reserve Bank of India (RBI) has approved an increase in ATM withdrawal charges beyond the free monthly limit from ₹21 to ₹23 per transaction, effective May 1, 2025.
  • Interchange Fee Revision: The interchange fee (charged between banks for ATM transactions) has been raised to ₹19 for financial transactions and ₹7 for non-financial transactions, impacting overall ATM service costs.