As digital payments grow, cash access remains essential for emergencies and daily needs. Knowing your Paytm Debit Card Cash Withdrawal Limit helps you manage transactions efficiently. Paytm Payments Bank offers a debit card for seamless cash withdrawals, and understanding its limits, charges, and ways to increase them ensures hassle-free banking.
This blog will provide a complete understanding of the Paytm Debit Card Cash Withdrawal Limit, including how much cash you can withdraw daily and monthly. We will also discuss ways to increase your withdrawal limit, security measures to protect your transactions, and how to apply for a Paytm Debit Card online.
Table of contents
- Overview of Paytm Payments Bank Debit Card
- Paytm Debit Card Cash Withdrawal Limit
- Charges for Paytm Debit Card ATM Withdrawals
- How to Check Your Paytm Debit Card Withdrawal Limit?
- How to Increase Paytm Debit Card Cash Withdrawal Limit
- Security Tips for Safe Paytm Debit Card Cash Withdrawals
- How to Apply for a Paytm Debit Card Online?
- FAQs
Overview of Paytm Payments Bank Debit Card
Paytm Payments Bank, a subsidiary of Paytm, offers both physical and virtual debit cards linked to its savings account. These cards provide users with seamless access to digital and offline transactions, ensuring convenience and security.
Benefits of Paytm Debit Card
- Zero balance savings account with no maintenance fees.
- Instant access to digital transactions via UPI (Unified Payments Interface) and QR codes.
- Secure online and offline payments with contactless functionality.
- Withdraw cash from ATMs across India.
- Manage card settings through the Paytm app, including enabling/disabling transactions.
Key Features
- Supports international transactions (if enabled by the user).
- Compatible with all ATMs, PoS machines, and online shopping platforms.
- Offers cashback and rewards on select transactions.
- Provides real-time transaction alerts for enhanced security.
Before withdrawing cash, it’s important to know your daily and monthly limits to avoid transaction failures and additional charges.
Paytm Debit Card Cash Withdrawal Limit
Paytm Payments Bank provides its users with a debit card that allows seamless access to cash withdrawals from ATMs. However, these withdrawals are subject to specific limits set by the banks.
Understanding these limits is essential to avoid transaction failures and additional charges. In this section, we will explore the daily and monthly withdrawal limits as per new rules for cash withdrawals along with alternative methods for accessing cash.
ATM Withdrawal Limits
The maximum amount withdrawn from an ATM in a day using a Paytm Debit Card is subject to transaction and daily limits.
| Transaction Type | Limit |
| Per Transaction ATM Withdrawal | INR 10,000 |
| Daily ATM Withdrawal Limit | INR 25,000 to INR 50,000 (for prime customers) |
| Monthly ATM Withdrawal Limit | INR 1,00,000 |
These limits are applicable across domestic ATMs in India. International transactions may have different limits and charges, depending on the country and ATM service provider.
PoS & Online Transaction Limits
Apart from ATMs, your Paytm Debit Card can be used for purchases at stores and online transactions. The transaction limits are:
- PoS Transactions (Swipe Machine): INR 2,00,000 per day
- Online Transactions (E-commerce Payments): INR 2,00,000 per day
- UPI Transfers: INR 1,00,000 per day
Cash Withdrawal Limit from Bank Per Day by Cheque
If you need to withdraw larger amounts, using a cheque may be an option. The cash withdrawal limit from a bank per day by cheque varies depending on the bank’s policies, but for Paytm Payments Bank, cheque-based withdrawals are not supported as it is a digital-first bank.
Also Read: Check out the savings account cash withdrawal limits and learn how to effectively manage your savings and avoid restrictions.
Charges for Paytm Debit Card ATM Withdrawals
When using your Paytm Debit Card for ATM withdrawals, it’s crucial to be aware of the applicable charges to avoid unnecessary fees. Paytm Payments Bank follows a structured fee policy based on the number of transactions and the location of the ATM usage.
ATM Withdrawal Charges
- First 3 withdrawals per month (in metro cities) – Free
- First 5 withdrawals per month (in non-metro cities) – Free
- Beyond free transactions – INR 21 per transaction
- International ATM withdrawals – Charges vary based on location and currency conversion rates
Apart from ATM withdrawals, other transaction charges such as balance inquiries, mini statements, and declined transactions due to insufficient balance may also attract minimal fees. Always check the latest fee structure within the Paytm app or on the official website to stay informed.
How to Check Your Paytm Debit Card Withdrawal Limit?
Knowing your current withdrawal limit helps you plan transactions and avoid failed withdrawals. Paytm Payments Bank provides multiple ways to check your Paytm Debit Card Cash Withdrawal Limit, ensuring users have real-time access to their financial details.
To check your current withdrawal limit, you can use the following methods-
Using the Paytm App:
- Open the Paytm app.
- Navigate to “Banking Services.”
- Select “Debit Card” to view your limits.
Via Customer Support: Call Paytm customer care to inquire about your transaction limits.
SMS/Email Alerts: Whenever you withdraw money, Paytm sends a confirmation message showing the remaining daily limit.
How to Increase Paytm Debit Card Cash Withdrawal Limit
If your existing limit does not meet your needs, you may be able to increase your Paytm Debit Card Cash Withdrawal Limit by following these steps:
- Complete Full KYC: A fully verified Paytm Payments Bank account may have higher transaction limits.
- Upgrade Your Card: Certain premium variants may offer increased limits.
- Enable Higher Limits Manually: Within the Paytm app, you can set customized transaction limits.
- Contact Paytm Support: If you have a valid reason (such as business expenses or frequent withdrawals), Paytm may allow a limit enhancement.
Also Read: This blog is a comprehensive guide on the best student bank account to study abroad. Find all the information here!
Security Tips for Safe Paytm Debit Card Cash Withdrawals
Ensuring the security of your Paytm Debit Card transactions is crucial to protect your funds from fraud and unauthorized access. Here are some essential safety measures to follow when withdrawing cash from an ATM:
- Enable/Disable Card When Not in Use – Use the Paytm app to deactivate your debit card when you don’t need it, reducing the risk of misuse.
- Set a Daily Withdrawal Limit – Adjust your ATM cash withdrawal limits through the Paytm app to minimize potential losses in case of fraud.
- Keep Your PIN Confidential – Never share your PIN with anyone and avoid writing it down.
- Use Secure ATMs – Prefer ATMs located in secure and well-lit areas to reduce the risk of card skimming and fraud.
- Check ATM for Tampering – Before inserting your card, inspect the ATM for any unusual devices that might be used for skimming.
- Enable Transaction Alerts – Activate SMS or email alerts to get instant notifications of every transaction.
Report Lost or Stolen Cards Immediately – If you lose your Paytm Debit Card, block it immediately via the Paytm app or contact customer support.
By following these security tips, you can safely use your Paytm Debit Card for ATM withdrawals and minimize the risk of fraud or unauthorized access.
How to Apply for a Paytm Debit Card Online?
Applying for a Paytm Debit Card is a simple and hassle-free process that can be done entirely online through the Paytm app. Whether you prefer a physical debit card for ATM withdrawals and in-store purchases or a virtual debit card for secure online transactions, Paytm Payments Bank offers both options to its users. Check out the steps below-
- Open the Paytm App – Ensure your Paytm Payments Bank account is active.
- Go to ‘Banking Services’ – Navigate to the banking section in the app.
- Select ‘Debit Card’ – Choose between a physical or virtual card as per your needs.
- Complete KYC Verification – If you haven’t already, complete the full KYC process to unlock all banking features.
- Request Card Issuance – Follow the on-screen instructions to place your request.
- Receive and Activate – If you applied for a physical card, it will be delivered to your registered address. Activate it through the app to start using it.
To sum up, by keeping track of Paytm Debit Card cash withdrawal limits, charges, and security measures, you can enjoy seamless banking with Paytm. If you require higher withdrawal limits, consider upgrading your card or opting for alternative digital payment methods.
Do you have any questions about your Paytm Debit Card Cash Withdrawal Limit? Let us know in the comments below!
FAQs
The Paytm debit card cash withdrawal limit per day is INR 25,000 at ATMs.
While there’s a daily limit, the Paytm debit card cash withdrawal limit per month depends on your account type and usage, but it’s effectively INR 25,000 multiplied by the number of days in the month, assuming daily withdrawals.
To Increase the Paytm Debit Card Cash Withdrawal Limit, you may need to contact Paytm customer support or check within the Paytm app for options to upgrade your KYC or account type, which could increase limits.
The maximum amount withdrawn from ATM in a day using a Paytm Debit Card is INR 25,000.
The charges for Paytm Debit Card ATM Withdrawals are INR 20 per transaction.
To Check Your Paytm Debit Card Withdrawal Limit, you can log in to your Paytm app, navigate to the ‘Paytm Bank’ section, and find your card details and associated limits.
The ATM withdrawal limit per month effectively depends on the daily limit of INR 25,000.
To Apply for a Paytm Debit Card Online, open your Paytm app, navigate to the ‘Paytm Bank’ section, and look for the option to apply for a physical debit card. Follow the on-screen instructions to complete the process.
The Paytm cash withdrawal limit from bank per day by cheque depends on your KYC status and account limits.
You can apply for a Paytm debit card online by opening your Paytm app. Navigate to the Paytm bank section. Look for the physical debit card option. Follow the instructions on the screen to complete the process.
To learn more about the best bank accounts for students, education loans, 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.
Follow Us on Social Media
