ATM Card AMC: What is it and How Can You Avoid it?
Reviewed by: Fibe Research Team
- Updated on: 5 Nov 2025
If you’ve ever received a notification about ATM card AMC charges and wondered what exactly they are, you’re in the right place. AMC or Annual Maintenance Charges are fees banks levy to cover the costs of managing your debit card, including customer support, fraud protection, and infrastructure maintenance. Some banks offer free debit cards with no AMC, but many others charge annually, depending on the card’s features and privileges.
This space explains AMC charges meaning, how these charges work, which cards usually have AMC and share tips and tricks to avoid paying unnecessary fees.
Table of Contents
What are Annual Maintenance Charges for ATM Card?
As mentioned, it means the annual charges levied by the bank to maintain your debit card as well as other related services. These charges are not fixed and vary across all banks. Whether you have to pay high charges or not also depends on the type of debit card you have.
For example, one bank may charge ₹100 for a standard debit card but ₹150 for upgraded cards. Generally, these charges are mentioned on the bank’s website for you to review before opening the bank account. However, you can also confirm the cost at the bank with a representative while choosing your card. There are some banks that waive their ATM card AMC charges for the first year or even for a lifetime.
How is Debit Card or ATM Card AMC Calculated?
Banks decide all the fees and charges at their discretion based on the services they offer. Annual debit card charges are one such fee, which depends on whether you have a standard or value-added card.
Also Read: Auto Debit Facility
ATM AMC Charges for Top Banks
Here’s an overview of some of the top bank’s annual maintenance charges levied on ATM cards:
| Bank | ATM card AMC |
|---|---|
| State Bank of India | From ₹200 up to ₹425 + GST applicable from second year |
| Axis Bank | From ₹150 up to ₹1,500 + GST |
| HDFC Bank | From ₹150 up to ₹850 + GST |
| ICICI Bank | From ₹599 up to ₹4,999 + GST |
| Union Bank of India | From ₹200 up to ₹400 + GST |
| IndusInd Bank | From ₹499 up to ₹10,000 + GST |
| Punjab National Bank | From ₹150 up to ₹750 + GST |
Disclaimer: The above ATM AMC charges are subject to change at the bank’s discretion.
Apply For Fibe Axis Bank Credit Card Online
How to Pay ATM Card AMC?
Most banks auto-debit this fee along with other annual charges from your bank account. This is a convenient way to ensure your card stays active for your usage. If your bank does not auto-debit this, you can pay ATM pending AMC using UPI through the mobile or net banking option.
Also Read: Credit Card Vs Debit Card
How to Avoid AMC Charges on ATM Cards?
Below listed are a few key tips to avoid AMC charges on an ATM card:
- Choose banks that offer debit cards with no Annual Maintenance Charges (AMC), especially digital or basic savings accounts.
- Grab zero-AMC cards during bank promos—often around festivals or new customer drives.
- Many salary or premium accounts come with free debit cards and waived AMCs.
- Banks may still charge for:
- Exceeding free ATM transactions
- Card replacement
- Issuance fees (in some cases)
- Review your bank’s schedule of charges regularly to avoid hidden fees.
Your debit card is a financial instrument that you can rely on to access funds, and you should know the charges applicable to it. Another instrument that offers access to funds is a personal loan. With the Fibe Instant Personal Loan, you can get up to ₹5 lakhs at competitive rates and flexible repayment plans.
Moreover, you need to upload only a few basic documents to complete your application. Download our Instant Loan App or visit the website for an entirely digital process and hassle-free and immediate access to funds.
FAQs on ATM Card AMC
What are the charges for AMC?
AMC stands for annual maintenance charges and financial institutions levy this for various purposes. For instance, AMC is applicable on a debit card as well as on a demat account. These charges vary depending on the financial institution and are levied annually.
How do I check ATM card AMC for various banks?
You can check the AMC on your bank’s website, look at their charges list or just call customer care to know the exact fee.
Is the AMC directly deducted from the bank account?
Yes, the bank usually deducts the AMC straight from your account once a year. There is no need to make a separate payment.
