TheBankTodayTheBankTodayTheBankToday
Notification Show More
Font ResizerAa
  • Home
  • Banking
  • Credit Cards
  • Loans
  • Personal Finance
  • Guides
  • Latest Updates
  • Compare Credit Cards
Reading: Canara Bank Changes ATM Rules from September 1
Share
Font ResizerAa
TheBankTodayTheBankToday
  • Home
  • Banking
  • Credit Cards
  • Loans
  • Personal Finance
  • Guides
  • Latest Updates
  • Compare Credit Cards
Search
  • Home
  • Banking
  • Credit Cards
  • Loans
  • Personal Finance
  • Guides
  • Latest Updates
  • Compare Credit Cards
Have an existing account? Sign In
Follow US

Home » Banking

Canara Bank 1
Banking

Canara Bank Changes ATM Rules from September 1

Takendra Verma
Last updated: 02/09/2026 2:05 PM
Takendra Verma
Published: 02/09/2026
Share
SHARE

Canara Bank customers need to know about an important change in ATM charges.

Contents
Free ATM Transactions ReducedCash Withdrawal Charges IncreasedFailed ATM Transactions Will Cost MoreGreen PIN Service Becomes CheaperWhat Canara Bank Customers Should Know

The bank has revised its ATM transaction rules from September 1, 2026.

Under the new rules, general savings account customers will get fewer free ATM transactions every month.

The bank has also increased charges for cash withdrawals after the free limit and for certain failed transactions.

However, senior citizens will continue to get the same number of free transactions as before.

Free ATM Transactions Reduced

Earlier, general savings account customers could make up to 6 free ATM transactions in a calendar month.

From September 1, this limit has been reduced to 5 transactions per month.

The free limit includes both financial and non-financial transactions.

This means cash withdrawals as well as services such as balance enquiries and mini statements may count towards the monthly limit.

There is no change for senior citizens. They will continue to get 8 free ATM transactions every month.

Cash Withdrawal Charges Increased

Once the free transaction limit is exhausted, customers will have to pay more for cash withdrawals.

Earlier, Canara Bank charged ₹20 plus GST for financial transactions after the free limit. This charge has now increased to ₹23 plus GST.

The revised charge also applies to ICCW transactions, which allow customers to withdraw cash using UPI.

For non-financial transactions after the free limit, there is no change. Customers will continue to pay ₹5 plus GST.

Failed ATM Transactions Will Cost More

Customers should also check their account balance before attempting a withdrawal.

If an ATM transaction fails because there is not enough money in the account, a higher charge may apply after the applicable free transaction limit is exhausted.

The charge for such failed transactions has increased from ₹17 plus GST to ₹23 plus GST. The revised fee applies to transactions at Canara Bank as well as other bank ATMs, subject to the applicable rules.

Green PIN Service Becomes Cheaper

While some ATM charges have increased, Canara Bank has reduced the fee for Green PIN regeneration after the free limit for certain card variants.

The charge has been reduced from ₹23 to ₹5 for Classic, Standard, Platinum, Business, Select and World cards.

What Canara Bank Customers Should Know

From September 1, 2026, general savings account customers get 5 free ATM transactions per month instead of 6, while senior citizens continue to get 8.

Cash withdrawals after the free limit now cost ₹23 plus GST, while non-financial transactions continue to cost ₹5 plus GST. Customers should keep track of their monthly ATM usage to avoid unnecessary charges.

You Might Also Like

RBI imposes Restrictions on Two Cooperative Banks
Govt allows capital gains account Scheme in More Banks
RBI Postpones Phase 2 Cheque Clearance Rules
Savings Account Minimum Balance Rules Changed
RBI issues New Rule for OTC Derivatives Market
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Difference Between NEFT and RTGS

Get Latest Updates

Important banking and money updates, delivered without the clutter.
Thank you! You are subscribed. Please check your inbox for the welcome email.

Popular Updates

pension
Government issues SOP for Switching from NPS to OPS
22/10/2026
dividend 5 result
Chennai Petroleum Announces ₹25 Dividend for 2026
22/10/2026
rain
IMD Warns of Heavy Rain Till Oct 26
22/10/2026
Bank Holiday2 result
Banks to Remain Closed for 3 Days in 7 States from October 24
22/10/2026
vande bharat train1
Mumbai-Bengaluru Vande Bharat Sleeper Train may Launch on November 1
22/10/2026

Tags

  • SBI
  • HDFC Bank
  • Bank Of Baroda
  • Central Bank
  • Central Bank Of India
  • register mobile number
  • Pan Card
  • What is Bank?
  • SBI Personal Loan
  • check bank balance

TheBankToday

TheBankToday publishes practical banking, personal-finance and financial-news explainers to help readers understand important updates and services.
Quick Links
  • About
  • Contact
  • Disclaimer
  • Join Us
  • T&C
  • Privacy Policy
  • Customize Interests
Important Links
  • Advertise With Us
  • Advertising Policy
  • Cookie Policy
  • Corrections Policy
  • Editorial Policy
  • Fact-Checking Policy
  • Grievance Redressal

Subscribe Us

Subscribe to our newsletter to get our newest articles instantly!

Thank you! You are subscribed. Please check your inbox for the welcome email.
© 2026 TheBankToday. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?