Canara Bank revises ATM charges from September 1
Canara Bank announced revised ATM transaction charges effective September 1, 2026. The bank reduced the number of free monthly transactions for savings account holders from six to five. Senior citizens are exempt from this reduction, retaining the right to eight free transactions. Additionally, Canara Bank raised charges for declined transactions due to insufficient funds and financial transactions surpassing the free limit.
Cash withdrawals, including UPI cash withdrawals, now incur a fee of Rs 23 plus GST, up from Rs 20 plus GST. Charges for non-financial transactions remain at Rs 5 plus GST in Canara Bank ATMs. The bank also increased the fee for transactions failing due to insufficient funds, raising it from Rs 17 plus GST to Rs 23 plus GST for those exceeding the free transaction limit.
The service charges for transactions in Canara Bank ATMs and cash recyclers beyond the free limit, excluding cash deposits, are subject to change. Canara Bank further reduced the charge for regenerating green PINs beyond the free transaction limit, decreasing it from Rs 23 to Rs 5 for various card variants.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.