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SBI Cash Withdrawal Rules Change from Oct 1: Know Your Free Limit and Charges!
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News18•28-09-2026, 13:17
SBI Cash Withdrawal Rules Change from Oct 1: Know Your Free Limit and Charges!
- •State Bank of India (SBI) is changing its cash withdrawal rules starting October 1.
- •These new rules apply to customers holding a 'Basic Savings Bank Deposit' (BSBD) account.
- •Customers can withdraw cash up to 4 times a month for free.
- •Beyond the four free withdrawals, a fee of Rs 15 plus GST will be charged for each transaction.
Key Questions Answered
Starting October 1, State Bank of India (SBI) BSBD account holders can make up to four free cash withdrawals per month. Any withdrawals exceeding this limit will incur a fee of Rs 15 plus applicable GST per transaction.
The new rules specifically apply to customers holding Basic Savings Bank Deposit (BSBD) accounts opened through bank branches. Digital transactions remain free with no new limits or charges.
If a customer already has a regular savings account with SBI and opens a new BSBD account, they must close their old savings account within 30 days.
