HDFC Bank revises UPI ATM withdrawal rules

India’s largest private lender HDFC Bank has said that the UPI-based cash withdrawals will be counted as part of customers’ monthly free ATM transaction limits. 

The new development will come into effect starting April 1, according to the official statement. In a communication to account holders, the bank stated



that cardless UPI cash withdrawals will no longer be treated as a separate category.

Instead, they will be bundled with traditional debit card withdrawals when calculating the number of free ATM transactions allowed per month. “Customers exceeding the limit will be charged the standard ATM withdrawal fees,” HDFC Bank said.