Once you’ve arrived in India, you’ll want to find an ATM in short order. Money flows like water through tips, taxis, buses, food and hotels. Many businesses will accept US currency for payment but try to avoid this as hassling over an agreed exchange rate can be tiresome. ATM’s typically offer the standard exchange rate.

Recommended Banks:

Troublesome Banks:

All three banks accept most tourist credit/debit cards with no hassles. The ATM locations are 99% operational as opposed to the smaller, local banks whose machinery is often times out of service. These banks only charge $2 transaction fees, a bargain compared to just 4-5 years ago. And a big plus, SBI and Canara banks have branches throughout the country. Bank of Baroda is an easy find while traveling Rajasthan and Gujarat, their home base state. Even in the most remote towns one of these three banks will be present for ATM needs.

A majority of ATM locations provide guard service posted just outside the door. There is nothing to be suspicious about.

If your card(s) doesn’t work at the selected bank’s ATM, do not fret. Most likely their system is not part of your bank’s system but simply try your card again. If the ATM still does not recognize your transaction seek out another bank, or one of the two recommended above before contacting your bank for troubleshooting.

Using the ATM

Most locations offer one machine per enclosed room. Indian courtesy is to wait outside until any customers inside are finished.

State Bank of India (SBI) machines are a little quirky upfront. Slide your card into the flashing light slot, hold for a second and then remove. If done correctly, you’ll be prompted to enter your PIN. If done incorrectly, an error message will display and the machine will in short time reset to the default screen.

1. All ATM’s ask for your PIN.

2. For cash withdrawals, press withdrawal.

3. Next you’ll be asked which account to withdraw from. Select “Current”, not checking, not savings.

4. Enter amount. The maximum daily allowable is up to Rs 10,000 each time. Canara used to cap out higher but has since brought down their limit.

5. Retrieve your cash, receipt and card (Canara only).

6. Secure your withdrawal in the appropriate wallet or pouch before exiting the ATM stall.