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RBI asks banks to ensure ATMs dispense Rs 100, Rs 200 denomination notes

Northeast NewsbyNortheast News
April 29, 2025
in Business
ATM withdrawals to get costlier from May 1: Heres’ why
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Guwahati: The Reserve Bank of India (RBI) on Monday asked banks to ensure that ATMs dispense Rs 100 or Rs 200 denomination notes to enhance the availability of these currency notes to the public.

Banks and White Label ATM Operators (WLAOs) have to implement the direction in a phased manner.

“All banks and White Label ATM Operators (WLAOs) shall ensure that their ATMs dispense Rs 100 and Rs 200 denomination banknotes on a regular basis,” the Reserve Bank of India (RBI) said in a circular.

By September 30, 2025, 75 per cent of all ATMs (Automated Teller Machines) shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette, the notification stated.

According to the circular, by March 31, 2026, 90 per cent of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette.

The notification has been issued as part of an endeavour towards enhancing public access to frequently used denominations of banknotes, the RBI said.

ALSO READ: RBI allows minors above 10 to operate bank accounts independently

More often, users complain of getting only Rs 500 denomination currency notes from ATMs, which becomes inconvenient for smaller transactions.

Last month, the RBI increased the automated teller machine fee by Rs 2 to Rs 23 per transaction with effect from May 1.

Tags: ATMsReserve Bank of India (RBI)
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