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      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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