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SBI ATM Cash Withdrawal Rules Change from Oct 1: Extra Charges May Apply, Be Aware!
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News18•29-09-2026, 07:32
SBI ATM Cash Withdrawal Rules Change from Oct 1: Extra Charges May Apply, Be Aware!
- •State Bank of India will change its cash withdrawal rules starting October 1.
- •Customers with Basic Savings Bank Deposit (BSBD) accounts will face new charges.
- •BSBD account holders get 4 free cash withdrawals per month.
- •Beyond the 4 free transactions, a fee of Rs 15 plus GST will be charged per withdrawal.
- •These rules specifically apply to BSBD accounts opened through branches.
Key Questions Answered
Starting October 1, State Bank of India is updating its cash withdrawal rules for specific account holders, meaning customers may incur additional fees for exceeding monthly free transaction limits.
The new cash withdrawal rules specifically apply to customers who hold Basic Savings Bank Deposit accounts that were opened directly through bank branches.
After exceeding the set limit of four free transactions per month, customers will be charged a fee of Rs 15 plus applicable GST for each subsequent cash withdrawal.
