Kumari Palany & Co

Service charge for withdrawal of cash from SBI ATM ! Effective from tomorrow (1st July)!

Posted on: 30/Jun/2021 12:23:24 PM
In a notification released by the country’s premier public sector bank, the State Bank of India (SBI), it is mentioned that an additional service charges will be applicable on cash withdrawals from ATMs more than 4 times.

From the 5th cash withdrawal from ATMs in a month, a service charge of Rs. 15/- and GST will be charged. Account-holders need to pay Rs. 40/- and GST to get a cheque book containing 10 leaves!

In case a cheque book of 20 leaves are required, Rs. 75/- with GST will be charged.

However, this additional charge for cheque books is EXEMPTED FOR SENIOR CITIZENS!

The above service charge system will be effective from tomorrow (Thursday, 1st July).