Kumari Palany & Co

New service charges by SBI implememted

Posted on: 02/Jun/2017 9:48:37 AM
The service charges proposed by the State Bank of India for proving various services have been implemented.

The instant money transaction services IMPS will be charged. Rs. 5 will be service charge up to Rs. 1 Lakh. Rs. 15 up to Rs. 2 Lakhs. Rs. 25 for up to Rs. 5 Lakhs.

As far as ATM services, only RuPay card usage is free. All other cards will be charged.

An ATM card holder can withdraw cash only up to 4 times month. If this is exceeded, Rs. 50 will be charged to the savings bank account. Rs. 10 will be charged at the SBI ATMs. For other bank ATMs, this will be Rs. 20.

A 10 leaf cheque book will be charged Rs. 30. A 25-leaf cheque book will be charged Rs. 75. A 50-leaf cheque book will be charged Rs. 150. Apart from this, there will be additional service charge as well.

The transactions done through mobile Apps will also be charged.