The Indian Banks' Association (IBA) has suggested levying a fee on cash withdrawals from ATMs in cities by customers of other banks to help recover increasing costs.

"We have recommended to the Reserve Bank of India imposing a fee for withdrawing money from non-home bank ATMs in urban areas, while no fee has been proposed for transactions in semi-urban and rural areas," IBA Chief Executive Officer M V Tanksale told .
While there is no limit on customers who use their own bank's ATMs, there is a cap of five free transactions for use of ATMs run by other banks. From the sixth transaction, they have to pay Rs 20 for every withdrawal.