RBL Bank Credit Card Cash Withdrawal

1. A fee of 2.5% of the cash amount will be charged on your withdrawal transaction and will be subjected to a minimum amount of Rs.500.

1. For example, if you wish to withdraw Rs.10,000 from your credit card, a transaction fee of Rs.250 will be added to the total value and then billed.

Interest Charged on RBL Bank Cash Advance

When a credit cardholder uses the cash advance facility, interest is charged on the total amount withdrawn. RBL Bank applies a specific interest rate on the cash advance during the repayment period.

Since interest rates may vary across different credit cards, it is advisable to contact RBL Bank's credit card customer care to inquire about the applicable interest rate for cash withdrawals on your card.

How to Withdraw Cash Using an RBL Bank Credit Card

To make a cash withdrawal with your RBL credit card, here are the steps that need to be followed:

1. Visit any ATM of RBL Bank or any other bank.
2. Insert your credit card in the ATM card slot.
3. Select the language and choose the option of cash withdrawal.
4. Enter your PIN and the amount will be disbursed immediately.

Important Notice - Making cash withdrawals from other bank ATMs may attract additional charges.

Advantages and Disadvantages of RBL Bank Cash Advance Facility

Advantages:

1. The process of making a cash withdrawal is simple.
2. No documentation or bank approval required.
3. Serves as a backup in times of emergencies.
4. Withdrawals can be made from all ATMs.

Disadvantages:

1. An additional transaction fee is charged.
2. No interest-free period available.
3. Interest will be levied on the total amount withdrawn.

Credit cards make payments easy for all expenses online and offline while offering various benefits

Find a Card >>