Indian Rupee ATM Withdrawal Limit Per Transaction
Oct 15, 2009, 5:00 pm
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Indian Rupee ATM Withdrawal Limit Per Transaction
There were some reports earlier this week about the instituting of a maximum 10,000 rupee withdrawal at ATMs in any one transaction and it was to get implemented this week. This is going to increase the cost for visitors who are used to withdrawing larger sums of INR at one time in order to avoid being hit by out of network or foreign bank withdrawal charges.
Any more recent word about this going into play?
Any more recent word about this going into play?
Oct 15, 2009, 5:04 pm
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http://www.business-standard.com/ind...tegies/372903/
The government really needs to stop allowing for such cartel-like behavior.
The government really needs to stop allowing for such cartel-like behavior.
Oct 16, 2009, 2:48 am
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Update: 5 txns allowed per month on other-bank ATMs, free of charge. Beyond that, there's a fee: http://ibnlive.in.com/news/now-no-un.../103304-7.html.
However, I checked with ICICI Bank where I primarily bank with. For their priority customers (and I presume this will apply similarly in other banks also), there are/will be no charges for any number of third-party bank ATM usages.
However, I checked with ICICI Bank where I primarily bank with. For their priority customers (and I presume this will apply similarly in other banks also), there are/will be no charges for any number of third-party bank ATM usages.
Oct 29, 2009, 8:53 am
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I use citibank when here and have no issues with pulling out Rs40,000 per transaction. Only if they have Rs1000 notes in the machine though. Did it today as well.
Oct 30, 2009, 4:11 am
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Oct 30, 2009, 3:59 pm
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Well, my bank is in Hong Kong (Bank of East Asia) and I get a US$2700 withdrawal limit per day...so it's not Citibank...however, AFAIK, Citi is the only bank I can consistently withdraw Rs40k per ATM transaction.
Dec 30, 2011, 11:03 am
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Bump...
Bumping up this thread to ask what kind of transaction limits to expect at ATMs using foreign bank cards - 40,000 or ?
I'd also like to ask if there are any updates to the information in this thread about ATMs in the terminal at DEL.
We're landing at DEL at night, staying at the nearby Courtyard by Marriott, and returning to the airport the following day to fly to JAI.
If we can't access the ATM, it'll be a money-changer in DEL. Are there any in particular to look for or to avoid?
Thanks!
I'd also like to ask if there are any updates to the information in this thread about ATMs in the terminal at DEL.
We're landing at DEL at night, staying at the nearby Courtyard by Marriott, and returning to the airport the following day to fly to JAI.
If we can't access the ATM, it'll be a money-changer in DEL. Are there any in particular to look for or to avoid?
Thanks!
Dec 31, 2011, 11:38 am
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avoid the hotel money changers as you won't get a good rate....any money changer at the airport will be fine....
Jan 9, 2012, 8:22 pm
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Thanks. ^ We'll be landing in DEL toward the end of this week. I read advice in another thread to avoid the Bank of India exchange but don't know if that's good advice. I'll be quite happy to use an ATM if possible.
Jan 12, 2012, 3:57 pm
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The limit for my US ATM card was INR 10,000. I used the same card twice to withdraw a total of 20,000. Now I have only one "fee-free" transaction left on this particular Wells Fargo card this calendar month.
Jan 21, 2012, 8:01 am
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If you can find an Axis Bank ATM somewhere outside the airport I have withdrawn up to Rs 35,000 with them in the last couple of months. Otherwise, it seems like many ATMs in Delhi limit you to Rs 10,000 or Rs 15,000.
Jan 22, 2012, 4:43 am
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Thank goodness we have a couple of credit cards with no foreign transaction fees.
Sep 2, 2012, 9:15 pm
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Cash withdrawal limit from Citibank India ATMs
Some months ago Citibank started charging a Rs. 200 fee (about $4) per transaction for non-Citibank customers. Now they have reduced the per-withdrawal limit to Rs. 10,000. So now they are charging a 2% fee per withdrawal.
I would not see the limit go down to Rs. 5000 soon. That way they can charge 4% per transaction.
This does NOT appear to be a result of any new government directive - just a Citibank profit initiative.
I would not see the limit go down to Rs. 5000 soon. That way they can charge 4% per transaction.
This does NOT appear to be a result of any new government directive - just a Citibank profit initiative.