ATM Cash Stuck? RBI Rule: Bank Pays ₹100 Daily After 7 Days

• If cash is debited but not dispensed from an ATM, the bank must refund the amount within 7 working days.
• Failure to refund within 7 working days will result in the bank paying ₹100 per day as compensation to the customer.
• Customers should contact bank customer care or email to report issues with stuck ATM cash.
• Technical faults, slow network, or machine problems are common reasons for cash getting stuck in ATMs.
• Users should check for card skimmers, hide their PIN, and keep transaction slips when using an ATM.

Why It Matters: RBI ensures banks compensate customers daily if ATM cash withdrawals fail.