ATM Money Stuck: Power Outage During Withdrawal? Know Your Refund Rights!

• If power goes out during ATM withdrawal and money is debited but not dispensed, banks must refund within 24 hours as per RBI rules.
• Some older ATMs might get money stuck, but most modern ATMs have backup power to continue functioning.
• If the refund isn't processed within 24 hours, customers can report it to their bank or the RBI Banking Ombudsman.
• Adopting UPI payments can reduce the need for frequent ATM visits.
• Online banking and ATMs allow many banking tasks to be completed from home, even when banks are closed.