SBI customers ALERT: State Bank of India changes rules for cash withdrawal from ATM, branch - The new rules and regulations for basic savings account holders of State Bank of India will come into effect from July 1.
The new charges would apply to ATM withdrawals, chequebook, transfer, and other non-financial transactions. The new charges will come into effect from July 1, 2021.
SBI customers ALERT! Do this before deadline or face problems in banking services - According to SBI, the linking of PAN with Aadhaar is mandatory and if PAN and Aadhaar are not linked, then PAN will be rendered inactive.
SBI customers ALERT: State Bank of India changes cash withdrawal rules - Details here
The SBI, however, has set the limit for withdrawing cash through cheque to up to 1 lakh rupees.
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Updated: May 30, 2021, 08:55 AM IST
In a good news for crores of State Bank of India (SBI) customers across India, the country s largest mender has now increased the cash withdrawal limit from non-home branches to support their customers amid the COVID-19 pandemic.
According to the new rules, SBI customers will now be able to withdraw up to Rs 25,000 in a day. In a notification on Twitter, the SBI tweeted, “To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form.”
State Bank of India s basic savings account holders are issued a basic Rupay ATM-cum-debit card.
The State Bank of India (SBI) revised its rules and regulations for cash withdrawals from its ATMs, branches, as well as chequebook charges for the basic savings bank deposits (BSBD) account holders. According to an official statement released by the country s largest lender, the new rules and regulations for the basic savings account holders will come into effect from July 1, 2021. The basic savings bank accounts at the State Bank can be opened by providing valid KYC documents by individuals. (
There is no limit on the minimum or maximum balance assigned for these basic savings accounts. As there is no limit for the minimum balance in basic savings accounts, this means that the minimum balance is nil for account holders. State Bank of India s basic savings account holders are issued a basic Rupay ATM-cum-debit card. According to the official notification, the new rules for basic sav