PNB reduces daily ATM cash withdrawal limit to ₹50,000:Lender levies cap on some debit cards; users can change limit via WhatsApp

Punjab National Bank (PNB) has halved the daily cash withdrawal limit from its selected debit cards (ATM cards). The new rules will be effective from April 1, 2026. The bank has taken this decision to strengthen risk control and enhance customer security. ₹1 lakh limit now reduced to ₹50,000 PNB has revised limits by dividing its debit cards into two main categories. Those which had a daily limit of ₹1 lakh earlier have now been reduced to ₹50,000. In the second category, the limit for premium cards has been reduced from ₹1.5 lakh to ₹75,000. These cards will now have a ₹50,000 limit These cards will now have a limit of ₹75,000 Goal is to promote security and digital banking The bank said in a statement on its website that this change has been made keeping security in mind. The bank believes that reducing cash withdrawal limits will help minimize customer losses in fraud cases. Along with this, the bank wants to encourage customers to use digital banking and secure online transactions instead of cash. Limits can also be changed by yourself through app or internet banking If customers want to make changes within their modified limit, the bank has provided several options. Customers can set or reset their daily limit through PNBOne mobile app, internet banking, WhatsApp banking or IVR (call). How to change limit through mobile app What is the impact on other cards and online transactions? The bank has stated that except for the cards mentioned above, the cash withdrawal limit for all other debit cards will remain the same as before. Also, if you swipe your card at shops or do online shopping, there has been no reduction in the transaction limit there. Knowledge Box: What is ATM Withdrawal Limit? This is the maximum amount you can withdraw from an ATM machine using your card within 24 hours. Banks often set different limits on different cards for security reasons.