SBI ATM Rules: Important news for the customers of State Bank of India (SBI). The bank has changed the rules for ATM transactions. Before withdrawing money from ATM, know about these rules, otherwise your pocket may be loose.
New Delhi: SBI ATM Rules: There is important news for the customers of State Bank of India (SBI). The bank has changed the rules for ATM transactions. Before withdrawing money from ATM, know about these rules, otherwise your pocket may be loose.
Transaction fee will not be levied on the balance of Rs 1 lakh
According to the new rules of SBI, there will be no charge on ATM transactions for keeping up to Rs 1 lakh in the bank account. In this situation, if you do a transaction from any other bank’s ATM, then you will not have to pay any charge for withdrawing money three times. However, the limit for withdrawing money from non SBI ATMs is different.
There is a charge for withdrawing more than the prescribed limit
According to media reports, there is a charge of Rs 10 for withdrawing more than the prescribed limit from SBI ATMs. Similarly, for withdrawing more than the prescribed limit using SBI card from ATMs of other banks, a fee of Rs 20 is levied.
On checking bank balance, you have to pay Rs.
Explain that in addition to ATM charges, banks also charge customers in different ways. For example, Rs 5 is charged for checking bank balance from your ATM and Rs 8 for checking balance from other bank’s ATM. However, there will be no charge for maintaining a balance of more than Rs 1 lakh in the bank account.
SBI had increased interest rates recently
Let us tell here that 3.5 percent of the total amount and Rs 100 extra will have to be paid on the Internet balance transaction. At the same time, SBI had recently increased the interest rates on FD (Fixed Deposit). Interest rates on FDs were increased for amounts less than Rs 2 crore.
