SBI Offers Unlimited Free ATM Withdrawals To These Account Holders. Details Here

New Delhi: Its good news for State Bank of India (SBI) account holders! The Reserve Bank of India (RBI) has instructed top lenders in the country to offer a certain number of free ATM transactions in a month for its customers . As per this directive the State Bank Of India is offering :

1-Eight Free Transactions : Regular savings bank account holders get eight free transactions (5 at SBI ATMs and 3 at ATMs of other banks ) in metro cities and ten free transactions in non-metro cities (5 at SBI and 5 at other banks) in a month.

2-10 ATM Transactions free : SBI customers who have maintained a monthly average balance of up to Rs 25,000 are allowed up to 10 transactions per month free of cost in State Bank of India Group (SBG) ATMs subject to certain conditions.

3- Non Metro Account Holders : In non-metros, account holders can also do 10 free transactions, including five at SBI ATMs and five at others.

4-Unlimited free transactions: Those who are maintaining a monthly average balance above Rs 1 lakh for past month are allowed unlimited free transactions at ATMs of other banks.

5- Bank Charges: SBI charges a fee ranging from Rs 5 (plus GST) to Rs 20 (plus GST) for any additional transaction beyond these limits.

6-Salary Account Holders: For all salary accounts at all locations, SBI offers free, unlimited number of transactions at SBG ATMs and other bank ATMs.

On October 31, SBI had decreased the daily cash withdrawal limit on Classic and Maestro debit cards to Rs 20,000.

For further details, terms and conditions check SBI bank’s website sbi.co.in

Also Read: These 10 Changes Will Hit An Indian’s Daily Life From December 1