All You Need To Know About State Bank Of India ATM Transaction Limits And Charges.

All You Need To Know About State Bank Of India ATM Transaction Limits And Charges.

SBI ATM charges: SBI’s charges for any transactions above the permitted number of free transactions range from Rs 5 to Rs 50 (plus GST)/transaction.

SBI ATM rules: Account holders are allowed unlimited free transactions at group ATMs in some conditions.

(Also read: Zero balance savings account: Interest rate and facilities offered by top banks compared here)

SBI ATM transaction charges above the prescribed limit

(Also read: A comparison of SBI interest rates on term deposits)

SBI has set certain charges for any transactions above the permitted limit to customers. These charges range from Rs 5 to Rs 50 (excluding GST) for every financial transaction above the applicable threshold, and Rs 5-8 for every non-financial transaction, according to the SBI website.

(Also read: SBI loan against shares – all you need to know).

Any financial transactions in other banks’ ATMs located in six metros – New Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Bengaluru – above the permitted limit are charged at Rs 20 (excluding GST) per unit. Non-financial transactions are charged at Rs 8 (excluding GST) per unit, according to the SBI website.

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