HDFC Bank, one of India’s leading private sector banks, offers a diverse range of debit cards tailored to meet the unique needs of its customers. A critical aspect of effectively utilizing these cards is understanding the HDFC debit card cash withdrawal limits associated with each card type.
In this comprehensive guide, we will delve into the HDFC Debit Card Cash Withdrawal Limits, the factors influencing these limits, and how customers can manage HDFC Debit Card Cash Withdrawal Limits to align with their financial requirements.
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What is HDFC Debit Card Cash Withdrawal Limit?
HDFC cash withdrawal limits can range from INR 25,000 to INR 2,00,000 per day depending on the type of debit card you hold. To help you, we have listed the HDFC debit card cash withdrawal limit for various cards below. Please review them to determine which card best suits your needs!
- Regular Debit Card: This card is designed for everyday transactions, offering a daily ATM HDFC debit card cash withdrawal limit of INR 25,000. It provides a straightforward solution for customers seeking basic banking functionalities.
- Millennia Debit Card: Targeted towards the tech-savvy generation, the Millennia Debit Card offers a daily ATM HDFC debit card cash withdrawal limit of INR 50,000 and a daily shopping limit of INR 3.5 lakhs. However, using it abroad can attract international transaction charges on the HDFC Millenia Debit Card.
- Platinum Debit Card: Aimed at customers seeking premium features, the Platinum Debit Card provides a daily ATM HDFC debit card cash withdrawal limit of INR 1,00,000 and a daily shopping limit of INR 5,00,000. This card caters to individuals requiring higher transaction capacities and exclusive privileges.
- MoneyBack Debit Card: Ideal for frequent shoppers, the MoneyBack Debit Card offers a daily ATM HDFC debit card cash withdrawal limit of INR 25,000 and a daily shopping limit of INR 3,00,000. Cardholders can earn reward points on purchases, which can be redeemed for cashback, making it a popular choice among shoppers.
- Infiniti Debit Card: Designed for high-net-worth individuals, the Infiniti Debit Card provides a daily ATM HDFC debit card cash withdrawal limit of INR 2,00,000 and a daily shopping limit of INR 10,00,000. This card offers unparalleled transaction limits and a host of premium benefits to meet the sophisticated needs of affluent customers.
- Business Debit Card: Tailored for business account holders, the Business Debit Card facilitates efficient management of professional expenses with a daily ATM HDFC debit card cash withdrawal limit of INR 1,00,000. It is an excellent tool for entrepreneurs and businesses to handle their financial transactions seamlessly.
- EasyShop Business Debit Card: Designed for business owners, the EasyShop Business Debit Card offers an HDFC debit card cash withdrawal limit of INR 1,00,000 per day at ATMs and a shopping limit of INR 5,00,000. With an annual fee of INR 250, this card ensures smooth transactions and provides greater financial flexibility for professionals managing business expenses.
HDFC Debit Card Cash Withdrawal Limits at Point of Sale (POS)
Beyond ATM withdrawals, HDFC Bank debit cardholders can access cash at participating merchant establishments through point-of-sale (POS) terminals. This feature is particularly beneficial in areas where ATMs are scarce or when customers prefer the convenience of withdrawing cash during a purchase.
Check out the HDFC Debit Card cash withdrawal limits at PoS terminals-
- Per Transaction Limit: INR 2,000
- Monthly Limit: INR 10,000
To utilize this facility, customers can request cash withdrawals at the merchant counter during a purchase. This service enhances the convenience of accessing cash without the necessity of locating an ATM, making everyday transactions more seamless.
Also Read: Know all about HDFC International Debit Cards. Learn about the features, benefits, and charges, and how to enable international transactions.
Factors Influencing HDFC Debit Card Cash Withdrawal Limits
The HDFC debit card cash withdrawal limits are influenced by several factors, including the type of debit card, the nature of the account (savings or current), some bank policies, and the account’s tenure with the bank.
Understanding these factors can help customers manage their finances more effectively and choose the appropriate debit card that aligns with their transaction needs.
Type of Debit Card
HDFC Bank provides various debit cards, each designed with specific features and benefits. The cash withdrawal limit is often higher for premium cards compared to standard ones.
Nature of Account
HDFC Bank sets different HDFC debit card cash withdrawal limits depending on the type of account held by the customer. The withdrawal limits vary between savings accounts and current accounts, ensuring flexibility while maintaining security measures.
Savings Account
For regular savings account holders, the HDFC savings account withdrawal limit is generally lower compared to business or current accounts.
Current Account
Current account holders, especially business users, receive higher HDFC current account withdrawal limits per day for debit cards due to the frequent and larger transactions required for business operations.
Bank Policies
HDFC Bank periodically reviews and updates its policies to enhance security and customer convenience, which can influence withdrawal limits.
Account Tenure
The HDFC debit card cash withdrawal limit may vary based on the tenure of your account. Longer account tenure often comes with higher withdrawal limits, offering more flexibility in managing your finances. Below is a breakdown of withdrawal limits based on account tenure.
- Accounts Older Than 6 Months: For accounts active for more than six months, HDFC Bank sets a standard daily ATM HDFC debit card cash withdrawal limit of up to INR 2,00,000, with a monthly limit of INR 10,00,000. This higher limit is beneficial for long-standing customers who require access to substantial funds for their transactions.
- New Accounts (Up to 6 Months Old): To enhance security for new account holders, HDFC Bank imposes a daily ATM HDFC debit card cash withdrawal limit of up to INR 50,000 during the initial six months, with a monthly limit of INR 10,00,000. This measure ensures the safety of funds as the bank establishes a relationship with the new customer.
Also Read: Learn about the full form of HDFC. Understand the meaning, importance, and services offered by the bank.
How to Modify Your HDFC Debit Card Cash Withdrawal Limit?
HDFC Bank offers customers the flexibility to adjust their HDFC debit card cash withdrawal limit to align with their financial needs. Customers can request an increase or decrease in their withdrawal limit through various channels, including:
- Net Banking: Log in to HDFC Bank’s net banking portal and navigate to the “Debit Card” section to modify withdrawal limits.
- Mobile Banking App: Use the HDFC mobile banking app to adjust the HDFC debit card cash withdrawal limit in a few simple steps.
- Customer Support: Contact HDFC Bank’s customer support for assistance in modifying the HDFC debit card cash withdrawal limit.
- Branch Visit: Visit the nearest HDFC Bank branch and request a withdrawal limit modification by submitting a written request.
By leveraging these options, customers can ensure that their HDFC debit card cash withdrawal limit meets their specific financial requirements while maintaining security and convenience.
FAQs on HDFC Debit Card Cash Withdrawal Limits
The HDFC debit card cash withdrawal limit varies based on the type of debit card. Standard cards have a limit of INR 25,000 per day, while premium cards like the Infiniti Debit Card allow up to INR 2,00,000 per day.
You can check your withdrawal limit via HDFC Net Banking, the HDFC Mobile Banking app, by calling customer support, or by visiting your nearest HDFC branch.
Yes, you can request an increase in your withdrawal limit through HDFC Net Banking, the Mobile Banking app, or by visiting an HDFC Bank branch.
Yes, savings account holders typically have lower withdrawal limits compared to current account holders, who receive higher limits due to frequent transactions.
Yes, for new accounts (up to 6 months old), the daily ATM withdrawal limit is INR 50,000. For accounts older than 6 months, the limit can go up to INR 2,00,000.
You can withdraw up to INR 2,000 per transaction and INR 10,000 per month from participating merchants using your HDFC debit card at POS terminals.
If you attempt to withdraw beyond your card’s daily limit, the transaction will be declined. However, if you exceed the monthly free ATM transactions, additional charges may apply.
Yes, international cash withdrawals are possible with eligible HDFC debit cards, but limits and charges vary. You may need to enable international transactions through Net Banking or Mobile Banking.
Yes, HDFC Bank periodically reviews and updates withdrawal limits based on security policies and customer needs. Checking with the bank for the latest limits is advisable.
If you need to withdraw more than your daily limit, you can request a temporary limit increase through HDFC Net Banking, Mobile Banking, or by visiting a branch. Alternatively, you may consider multiple transactions over several days.
To learn more about education loans, the best bank accounts for students, forex, banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.
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