Question

    What are the revised RBI-mandated ATM interchange fees

    from May 1, 2025, for financial transactions?
    A ₹17 Correct Answer Incorrect Answer
    B ₹18 Correct Answer Incorrect Answer
    C ₹19 Correct Answer Incorrect Answer
    D ₹20 Correct Answer Incorrect Answer
    E ₹21 Correct Answer Incorrect Answer

    Solution

    Effective from May 1, 2025 , the interchange fee for financial ATM transactions has been revised by the RBI to ₹19 , up from the earlier rate. For non-financial transactions , the fee is set at ₹7 , both subject to GST .

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