India`s premier public sector bank, the State Bank of India (SBI) has shocked the customers announcing increased service charges!
The revised service charges will be effective from the 1st of April!
According to revised system, State Bank of India customers can withdraw cash from ATMs of other banks ONLY 3 TIMES IN A MONTH!
State Bank of India account holders and customers can withdraw cash from SBI ATMs 5 times in a month without any charges.
If they exceed the above 3 & 5 times (for other bank ATMs and SBI ATMs), Rs. 20/- and GST will be charged for the money withdrawn from the 4th time in a month from other ATMs. Rs. 10/- and GST will be charged for the money withdrawn from the 6th time in a month from State Bank of India ATMs
In case there is no amount left in the account, 20% GST will be charged!