GENERAL3 Sept 2026
Canara Bank ATM charges: Free limit cut to 5, withdrawal fee now Rs 23
Canara Bank has reduced the free ATM withdrawal limit to 5. Each cash withdrawal after that now costs Rs 23. This affects Canara Bank customers who use ATMs regularly. Non-financial transactions like balance inquiries beyond the free limit still cost Rs 5 plus GST. If you hold a Canara account, keep track of how many ATM transactions you do, so you are not surprised by extra charges.
Key Statutory Highlights
- Canara Bank's free ATM withdrawal limit has been cut to 5.
- The withdrawal fee is now Rs 23.
- Non-financial transactions beyond the free limit still cost Rs 5 plus GST.
Actionable Advice for Taxpayers / Founders:Track your ATM transactions and plan cash withdrawals so you don't cross the reduced free limit and end up paying Rs 23 each time.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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