Canara Bank · statement narration
EXCESS WDL CHG
A charge for withdrawals beyond the free number allowed on your account.
In plain English
A charge for withdrawals beyond the free number allowed on your account.
Also printed as EXCESS WITHDRAWAL, WDL LIMIT CHG.
Hinglish mein
Account par allowed free withdrawals se zyada nikalne par lagta hai.
What it costs, including GST
Basic Savings Bank Deposit Account · General
Four withdrawals free per month including own-bank and other-bank ATM withdrawals; up to Rs 5 per withdrawal thereafter
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| First 4 withdrawals (monthly) | ₹0 | — |
| Each withdrawal after that | ₹5 | ₹5.90 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank Basic Savings Bank Deposit accounts. The four free withdrawals a month include own-bank and other-bank ATM withdrawals. The page states the charge is not levied where normal charges are already collected, naming ATM and POS cash withdrawal, branch-induced RTGS and NEFT, clearing, transfer, internal debit, standing instructions, EMIs, demand drafts and business correspondent transactions. GST is additional.
Documented waiver: Fully exempt: RuPay debit card transactions, UPI, UPI QR, and NEFT initiated through online channels.
Why it happened
You made more withdrawals in the period than your account type allows free.
How to avoid it
Consolidate withdrawals, or move to an account variant with a higher free limit.