What is 100 rs + GST when you withdraw money outside India from ATMS

Hey,

What is the exact charges of withdrawing money from niyo global card abroad… 100 rs + GST of the amount we are withdrawing and what is the exact GST %?? how does this actually works? Can anyone please help me understand this with an example??

it’s 118 rs with gst

Hello @aditya_channe !, The International Withdrawal Charges is 100+Gst and the Gst applied Here is 18%, so the 18% of 100 is 18 Rupees , Therefore The Total Amount that will be Deducted While Doing International Withdrawal is Rs. 118 only. Rest assured, In India you can do 5 Free ATM Transactions on the Other ATMs [Other than SBM (India) Ltd] and you can do unlimited ATM transactions on SBM India’s atm.
FYI :- You Can Only Do 5 Free ATM transactions in a Month, Post Which You’ll be charged Rs.20 Per ATM Transactions and this Limit will reset In the Next month.

Cheers
Sachin

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And is there any limit on how much money we can withdraw in a transaction?

@aditya_channe These are the Following Limits For The Respective Modes;
₹7.5 Lakh per transaction for POS
₹7.5 Lakh per transaction for Online transactions
₹1 Lakh per transaction for ATM transactions

Cheers!
Sachin

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