Wednesday, July 3, 2019

How many transactions are free in SBI ATM? - ATM Services - mymoneykarma

State Bank of India has set specific limits for the ATM transactions based on the previous month's Monthly Average Balance (MAB). Let us study the SBI ATM charges in detail.

Withdrawal at SBI ATM
  • 5 free transactions per month are allowed.
  • For any financial transaction beyond the transaction limit, Rs. 10 + GST is charged, and for any non-financial transaction, it is Rs. 5 + GST.
  • Customers who are maintaining a Monthly Average Balance (MAB) of more than Rs. 25,000 in the previous month can avail 10 free transactions at SBI ATMs.
  • Customers with MAB of more than a lakh in the previous month can avail unlimited free transactions at SBI ATMs.
Charges for Cardless Cash Withdrawal
  • Rs. 22+GST is charged for Cardless Cash withdrawal at ATMs using the SBI YONO mobile app.
  • Note:  Financial transactions are the ones that include cash withdrawal 
  • and non-financial transactions include activities such as balance inquiry, PIN change, and mini statement.

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