# Canara Bank Revises ATM Transaction Rules: Free Monthly Limit Cut and Charges Increased

> Canara Bank has implemented revised ATM transaction charges and reduced monthly free limits for savings account holders effective September 1, 2026. While fees for extra cash withdrawals and failed transactions due to insufficient funds have been hiked, senior citizens' limits remain unchanged alongside a reduction in Green PIN regeneration charges.

**Type:** article · **Category:** Business · **Published:** 2026-09-02 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/business/canara-bank-ne-atm-lenadena-niyamon-men-kiya-badalava-phri-limita-ghatane-ke-satha-atirikta-shulka-barha-26374 · **Language:** English
**Tags:** Canara Bank, ATM Charges, Banking Rules, Savings Account, UPI Cash Withdrawal, Green PIN

Public sector lender Canara Bank has implemented a revised fee structure and updated transaction limits for ATM usage, effective September 1, 2026. Under the new guidelines, the bank has lowered the monthly quota of free ATM transactions available to its savings account holders. Additionally, transaction charges levied beyond the permissible free quota—such as cash withdrawals and transaction failures resulting from insufficient account balances—have been revised upward. However, senior citizens retain their existing allowances, and the bank has provided relief by significantly lowering the Green PIN regeneration fee.

## Revised Monthly Free ATM Transaction Limits
According to the updated operational parameters, regular savings account holders are now entitled to 5 free ATM transactions per month, down from the previous limit of 6. This monthly cap encompasses both financial transactions (such as cash withdrawals) and non-financial transactions (including balance inquiries, mini-statements, and PIN modifications). In contrast to the reduction applied to regular savings accounts, Canara Bank has preserved the transaction benefits for senior citizen account holders. Senior citizens will continue to receive 8 free monthly ATM transactions without any modification.

## Higher Fees for Cash Withdrawals and Failed Transactions
Customers utilizing ATMs beyond their allotted monthly free quota will face increased charges for financial and non-financial operations. The fee for cash withdrawals at Canara Bank ATMs past the free limit has been raised from ₹20 + GST to ₹23 + GST. The bank highlighted that this increased rate also applies to cash withdrawals executed through UPI at ATM terminals. Furthermore, any non-financial transaction executed beyond the monthly quota will attract a service charge of ₹5 + GST per attempt.

A notable increase has also been applied to transaction failures caused by insufficient funds in a customer's account. If a transaction fails due to inadequate balance after exhausting the free limit, the penalty fee has been increased to ₹23 + GST, up from the earlier charge of ₹17 + GST. This updated fee applies uniformly to failed attempts made at Canara Bank ATMs as well as third-party bank ATM networks.

## Reduction in Green PIN Regeneration Charges
Amid the upward revision of general ATM transaction fees, Canara Bank has reduced the cost associated with resetting debit card security credentials. The fee for regenerating a Green PIN after exceeding the free transaction quota has been slashed from ₹23 to ₹5. This reduced rate applies across various debit card variants offered by the bank, including Classic, Standard, Platinum, Business, Select, and World cards.

## What this means for you
The revised fee structure directly impacts millions of Canara Bank savings account holders who rely frequently on ATMs for routine cash and non-cash operations.

- **Across India:** Savings account holders across the country will now face a fee of ₹23 + GST for every cash withdrawal beyond their 5 monthly free transactions. Customers are advised to consolidate cash withdrawals to minimize extra charges.
- **For Senior Citizens:** Senior citizen account holders remain unaffected by the limit reduction and retain their quota of 8 free monthly transactions.
- **For UPI Cash Withdrawal Users:** Customers making UPI-based ATM cash withdrawals will also incur the higher ₹23 + GST fee once their monthly free limit is reached.
- **For Debit Card Users:** Customers regenerating their Green PIN will benefit from a lower fee of ₹5 instead of ₹23, saving ₹18 per request.

## Questions & Answers

### 1. When do the revised Canara Bank ATM rules take effect?
The updated ATM rules and revised transaction charges came into force on September 1, 2026.

### 2. How many free monthly ATM transactions are now allowed for savings accounts?
Regular savings account holders are now allowed 5 free monthly ATM transactions, reduced from the previous limit of 6.

### 3. Has the free transaction limit been reduced for senior citizens?
No, senior citizens continue to enjoy 8 free monthly ATM transactions without any change.

### 4. What is the fee for cash withdrawals beyond the free limit?
Cash withdrawals beyond the free limit at Canara Bank ATMs now cost ₹23 + GST per transaction, up from ₹20 + GST.

### 5. What is the penalty fee if a transaction fails due to insufficient funds?
If a transaction fails due to low account balance after exhausting the free quota, the fee is ₹23 + GST, increased from ₹17 + GST.

### 6. What is the revised charge for regenerating a Green PIN?
Canara Bank has reduced the fee for Green PIN regeneration past the free limit from ₹23 down to ₹5.

---
_TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._