Canara Bank ATM Withdrawal Limit: Daily Cash Limits You Should Know

Key Insights

• Canara Bank Classic cards allow daily ATM withdrawals up to ₹75,000.
   
• Canara Platinum and Select cards provide a higher limit of ₹1,00,000 per day.
   
• Free ATM transactions are limited. Extra charges apply after the free limit is reached.
   
• You can check your card type and Canara Bank ATM withdrawal limit through the mobile app, online banking, or by visiting a branch.
   

Canara Bank's ATM withdrawal limit is the maximum amount of money that can be taken out with a debit card in a single day. The bank sets the daily ATM cash withdrawal limit for you depending on the type of debit card. 

Let’s take an example. You have a Classic variant debit card and require ₹90,000 in cash.  You might be limited because your card may only allow ₹75,000 per day. This is because convenience and risk (fraud, large outflows) are balanced by the bank.

Keep reading to learn what your Canar Bank ATM withdrawal limit is and what you can do if you need more cash.

Bonus Tip: Do you know? Shikhar Dhawan represents Canara Bank as its official brand ambassador.

Canara Bank ATM Withdrawal Limit by Card Variant

Here are specific debit card variants and their daily ATM cash-withdrawal limits:

\I have a Visa Platinum variant and want to withdraw ₹ 80,000 cash. It is possible, as the daily limit for my debit card is ₹1,00,000. It would not be possible with a classic variant. 

How to Check Your Canara Bank ATM Withdrawal Limit

Here are different methods you can use to check your card’s daily ATM withdrawal limit:

Mobile Banking App 

1. Open the Canara Bank mobile banking app. 
2. Log in using your credentials or biometrics. 
3. Navigate to the “Cards” section. 
4. Go to “Debit Card Services” and “View/Manage Limits”.
5. Select your specific card variant, like Classic or Platinum. 
6. Check the field labelled “ATM Cash Withdrawal Limit Daily”.

Internet Banking

1. Log in to Canara Bank’s Internet Banking portal.
2. Navigate to “Services”
3. Go to “Debit/ATM Card” and “Card Limit Inquiry / Modification”. 
4. Select your active Debit Card variant. 
5. View the “Cash Withdrawal at ATM - Daily Limit” field.

Customer Care

1. Call Canara Bank’s toll-free number 1800 1030. 
2. Choose the option for “Debit Card / Limits”. 
3. Verify your account no, card no, and OTP with the executive. 
4. The executive will provide the current limit for your specific card variant.

Branch Visit

1. Visit your home branch of Canara Bank. 
2. Bring your debit card, a photo ID, and mobile-number verification. 
3. Fill out a “Debit Card Limit Inquiry / Modification” form, stating your card variant (Classic/Platinum, etc). 
4. Submit it.
5. The branch staff will check the variant and tell you the Cash Withdrawal limit applicable to your card.

You can easily manage your cash needs and figure out your daily ATM withdrawal limit by using any of these methods.

How to Increase Your Canara Bank ATM Withdrawal Limit

Canara Bank offers you a few simple ways to raise your withdrawal limit if you are in a situation where you need more money than your ATM limit allows. It can be for an emergency, a last-minute trip, or a family wedding.

1. Upgrade your card variant

Switch your debit card from Classic to Select or Platinum. Premium variants offer higher daily ATM withdrawal limits up to ₹1,00,000.

2. Request a Limit Increase

Navigate to “Manage Card Limits” using the Canara Mobile App or Internet Banking. Choose your debit card and request a higher limit. You can visit your branch and present your ID along with a limit increase form.

3. Temporary limit increase

Visit your branch and ask for a temporary increase in the ATM limit if you have an urgent need, such as a wedding or a trip. After that, the limit automatically resets.

You can ensure that your money is available when you really need it without having to make numerous trips to the ATM by upgrading your card or asking for a higher limit.

Canara Bank ATM Transaction Charges & Free Transactions

Canara Bank allows a limited number of free ATM transactions each month. Small charges apply after the free limit. 

\The free-transaction counts refer to “financial + non-financial” combined in a calendar month as per the bank’s published schedule.

Conclusion

Your Canara Bank ATM withdrawal limit depends on the type of debit card you have. Premium cards like Platinum or Select let you withdraw up to ₹1,00,000 per day. Classic cards allow up to ₹75,000 per day. You can check your exact limit through the mobile app, internet banking, customer care, or by visiting a branch. Keep track of your free ATM transactions to avoid extra charges.

FAQs on Canara Bank ATM withdrawal limit 

Q1. Does Canara Bank reduce my ATM withdrawal limit if unusual activity is detected?
A. Yes, the bank may temporarily lower your limit for security until you verify the transaction.

Q2. Can NRI customers access higher ATM withdrawal limits with Canara Bank?
A. Yes, certain NRE/NRO debit cards offer different withdrawal limits depending on the card issued.

Q3. If I have two cards (Classic + Select) on the same account, do both limits apply?
A. No, only the card you use matters. Each card has its own limit, but your account balance still applies.

Q4. Can I still withdraw via branch or cheque if I exceed my daily cash-withdrawal limit?
A. Yes. You can withdraw more from your branch using a cheque or withdrawal slip, subject to the branch policy.
 

Apply for Loans Fast and Hassle-Free

Apply Now

About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.