SBI new ATM withdrawal charges, revision from October 1
Live MintCountry's largest lender State Bank of India or SBI has come out with details on its website regarding revison of service charges with effect from 1st October. Five things to know about SBI ATM withdrawal charges: 1) Regular savings bank account holders get eight free transactions, including five transactions at SBI ATMs and three transactions at other bank ATMs. In non-metros, such account holders get 10 free transactions, including five at SBI ATMs and five at other bank ATMs. 3) Effective 1st October, SBI will charge ₹20 plus GST for transaction decline due insufficient balance 4) SBI will also charge ₹22 plus GST for cardless cash withdrawal at ATMs. The bank currently allows unlimited free transactions at State Bank of India Group ATMs to its customers who have maintained a monthly average balance above ₹25,000 in their savings bank account in the previous month.