ATM Cards withdrawal limits changed.


 

After so much of trouble now we have got some good news from the famous bank name STATE BANK OF INDIA(SBI). They have changed there minimum daily withdrawal limits as per the ATM-cum-Debit card.

Here are the different ATM-cum-debit cards of SBI and their withdrawal cash limits:

SBI Classic Debit-cum-ATM Card:

SBI’s Classic debit card is the most popular debit card offered by the bank which allows cash withdrawals up to Rs. 40,000 per day. However, if you make online transactions, a daily limit of Rs.50,000 will be applicable, an SBI customer care executive said. SBI charges Rs. 300 plus GST of 18 percent for issuing this card. Annual maintenance charges (AMC) applicable on this card are Rs. 100 plus GST.


 

SBI Pride Master Debit-cum-ATM Card:

SBI’s Pride Master Card provides a daily cash withdrawal limit of Rs. 1 lakh for both domestic and international withdrawals. SBI’s Pride Master Card comes with a limit of Rs. 2 lakh per day for online transactions. Although, the issuance charges of SBI Pride Master Card are same as that of Classic Debit card, at Rs. 300 plus tax. However, the annual maintenance charges are higher at Rs. 250 plus 18 per cent GST.

 

SBI Platinum Debit-cum-ATM Card:

 

SBI’s Platinum Debit-Cum-ATM card allows cash withdrawals up to Rs. 2 lakh per day (both domestic and international withdrawal) and online transactions of up to Rs. 5 lakh per day. However, the higher withdrawal limit in this card comes with higher charges. Annual maintenance charges of Rs. 350 plus GST are applicable on the Platinum card but the issuance charges are the same as the above two cards at Rs. 300 plus tax.

 

 

SBI ATM Withdrawal Rules:

 

SBI has said that its savings bank customers will get eight free ATM transactions a month (five at SBI ATMs and three at ATMs of other banks) in metro cities and 10 free transactions in non-metro cities (five at SBI ATMs and five at ATMs of other banks).

Transactions beyond the permissible limit of free ATM transactions will attract a charge of Rs. 20 plus GST of 18 percent (on all ATMs). Even if your transaction gets declined due to insufficient balance, you will be charged Rs. 20 plus tax for the transaction. In case of card-less withdrawals at ATMs, a fee of Rs. 22 plus tax will be charged per transaction.

However, customers of SBI’s basic savings bank deposit account will get only four free ATM withdrawals per month, SBI added. After the four free ATM withdrawals, customers of Basic Savings Bank Account will be charged Rs. 50 plus tax for cash withdrawal at an SBI branch, Rs. 20 plus tax at other bank ATMs and Rs. 10 plus tax at SBI ATMs.

These are some basic rules induced by the SBI if u like this post then share & like it. And for any questions comment us down below.


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