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<h1>RBI Raises ATM Transaction Fees to Rs 23, Offers Limited Free Withdrawals Across Bank Networks</h1> The Reserve Bank of India has increased ATM transaction charges to Rs 23 per withdrawal after free monthly limits. Customers receive five free transactions from their own bank ATMs and three to five free transactions from other bank ATMs, depending on location. The new fee structure applies to cash withdrawal and cash recycler machine transactions, effective May 1, 2025, with an interchange fee of Rs 17 for financial and Rs 6 for non-financial transactions.