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SBI clarification on service charges

Published in Banking & Finance Wednesday, 17 May 2017 17:05




With reference to the circular on SBI  website under the head Service Charge on ATM & BC, the Bank  would like to clarify the following points

1)    Cash out at ATM: The transaction is cash withdrawal from State Bank Buddy using ATM. Rs 25 per transaction is charged for withdrawing from State Bank Buddy through ATMs. Request you to please remove the news that All ATM transaction are chargeable. Charges are applicable only for State Bank Buddy using ATM (This is applicable only for State Bank Buddy Customer)

2)    Limit of 4 ATM withdrawals in a month only applies to the Basic Savings Banks deposit account. All Normal Saving Bank accounts will continue to get 8 free ATM transactions (5 SBI ATMs + 3 other bank ATMs) in Metros & 10 free transactions in Non Metro (SBI ATM + 5 Other Bank ATMs) free apart from the bank transaction.

3)    Link to the circular regarding the same
https://sbi.co.in/portal/documents/28392/54637/SBI+site+upload-Service+Charges-2017++june+2017+%28REVISED%29.pdf/39774a45-8800-43c7-990b-b23422d1c763


Ritesh Mehta
AVP, Media Relations
Corporate Centre, SBI, Mumbai
D: 02222742883
M: 9930125097
Email: This email address is being protected from spambots. You need JavaScript enabled to view it. , This email address is being protected from spambots. You need JavaScript enabled to view it.  


 

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