The cash withdrawal limit on ATM cards varies for different banks. It depends on the policies of the bank and type of account you have opted for. On an average, you can withdraw up to Rs. 40,000 per day with most of the bank’s ATMs. You need to check with the bank for the maximum amount that can be withdrawn on your debit card.
Certain banks let you set the withdrawal limit as per your maximum limit. You can do this by logging in to your net banking or by contacting the customer care support. This is also applicable for international withdrawals.
Some banks let you withdraw only a certain amount per withdrawal. For example, if your withdrawal limit is Rs. 40,0000, you may be able to withdraw only Rs. 10,000 per withdrawal. Henceforth, you may have to withdraw 4 times to get the maximum amount. It also depends on the limit set on the ATM machine.