Post Office ATM card daily withdrawal limit, transactions charges, other details
Live MintIndia Post or Department of Post, popularly known as Post Office, offers several saving schemes, such as savings account, Recurring Deposit Account, Public Provident Fund, Kisan Vikas Patra, Monthly Income Scheme Account, Sukanya Samriddhi Yojana, fixed deposit account and senior citizen savings scheme with different interest rates. India Post pays interest at the rate of 4% per annum on deposit in its savings account as per its website indiapost.gov.in Things to know about the Post Office ATM card facility 1) Post Office permits cash withdrawal of ₹25,000 per day through its ATM card, according to India Post website. 3) India Post or Department of Post offers free transactions to its customers at all Post Office ATMs. 9) At other banks' ATMs, any financial transaction beyond the prescribed number of free transactions will be chargeable at ₹20 plus applicable GST, according to India Post.