ATM Usage Restrictions.. New Rules From Today

With the beginning of the new financial year 2026-27, several changes have come into effect in the banking sector. Following the guidelines of the Reserve Bank of India, many banks have revised transaction rules for customers, especially regarding ATM usage, UPI-based cash withdrawals, and security measures.

UPI-based cash withdrawals at ATMs will now be counted under the monthly free transaction limit. Once the free limit is exhausted, a charge of ₹23 plus taxes will be applicable per transaction. Punjab National Bank has reduced the daily ATM withdrawal limit on select debit cards from ₹1,00,000 to ₹50,000. Additionally, two-factor authentication has been made mandatory for digital payments to enhance security. These changes are expected to impact how customers manage their transactions.