CALCULATE YOUR SIP RETURNS

RBI Mandates Banks to Ensure ATMs Carry More ₹100, ₹200 Notes

Written by: Team Angel OneUpdated on: Apr 29, 2025, 2:43 PM IST
The RBI has mandated banks and WLAOs to ensure ATMs dispense ₹100 and ₹200 denomination notes and targets 75% compliance by Sept 2025 and 90% by 2026.
RBI Mandates Banks to Ensure ATMs Carry More ₹100, ₹200 Notes
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The Reserve Bank of India (RBI) has introduced new regulations requiring banks and White Label ATM Operators (WLAOs) to ensure better public access to ₹100 and ₹200 denomination notes. This move seeks to increase the circulation of frequently used banknotes and must be implemented in a phased manner.

Banks and WLAOs to Ensure Dispensation of Lower Denomination Notes

The Reserve Bank of India (RBI) on Monday asked banks to ensure that ATMs dispense ₹100 or ₹200 denomination notes to enhance the availability of these currency notes to the public. Banks and White Label ATM Operators (WLAOs) have to implement the direction in a phased manner.

“As part of an endeavour towards enhancing public access to frequently used denominations of banknotes, it has been decided that all banks and White Label ATM Operators (WLAOs) shall ensure that their ATMs dispense ₹100 and ₹200 denomination banknotes on a regular basis…,” the Reserve Bank of India (RBI) said in a circular.

Implementation Deadlines Set for 2025 and 2026

According to the circular, by September 30, 2025, 75% of all ATMs (Automated Teller Machines) shall dispense either ₹100 or ₹200 denomination banknotes from at least one cassette.

Furthermore, the RBI circular outlines that by 2026, 90% of all ATMs shall dispense either ₹100 or ₹200 denomination banknotes from at least one cassette. These targets set a structured timeline for banks and WLAOs to systematically upgrade and configure their ATM networks to comply with the mandate.

Read More: RBI says India’s Economy Projected to Grow 6.5% Amid Global Volatility

Conclusion

The Reserve Bank of India’s new directive focuses on improving public convenience by ensuring easier access to ₹100 and ₹200 banknotes through ATMs. With defined deadlines, banks and WLAOs are expected to progressively align their ATM infrastructure to comply with the mandate.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Published on: Apr 29, 2025, 2:43 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers