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Home Personal Finance SBI Alert! Big News for all SBI customers! Money being deducted from...

SBI Alert! Big News for all SBI customers! Money being deducted from the account, know what is the charge

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If your account is also in SBI and you have also received the message of deduction of money, then this news is useful for you. Actually these days the message of deduction of Rs 147.50 is coming from the bank. In such a situation, know in the news below, for which thing the charge is being deducted.


If your account is also in State Bank of India (SBI) and you have also received the message of money deduction, then this news is useful for you. These days the message of deduction of about Rs 147.50 is coming from SBI account. People are worried as to why these messages are being sent.

Many people have reached the bank after seeing the message. If you have also received such a message, then you too must be wanting to know for what purpose the money is being deducted. So let us tell why the bank is deducting the money.

According to the bank, this money is being debited by SBI. The bank deducts the maintenance charge of ATM ie Debit card. These charges are deducted from the bank accounts on behalf of the bank every year. The bank itself has given this information on its Twitter handle and has said that Rs 147.50 is deducted as a charge from the bank.

The bank tweeted-

This charge is deducted every year from the accounts of the customers by the bank. The bank itself has informed about this on its Twitter handle and has told that Rs 147.50 is deducted as a charge from the bank. For each debit card issued by the bank, consumers have to pay an annual maintenance fee of Rs 125 and 18% GST i.e. a total of Rs 147.50.

Charges for replacement of debit card

If a customer wants to change the debit card, then the bank has to pay Rs 300 + GST ​​charge for that. Debit card annual cost is same for most of the banks including ICICI, HDFC and other banks.

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