SBI clarifies charges on All ATM withdrawals

SBI clarifies charges on All ATM withdrawals

Withdrawals from State Bank of India (SBI) ATMs will be chargeable from June 1, Thursday clarified that the charge of Rs 25 is only for withdrawals from State Bank Buddy through ATMs.

Rs 25 per transaction charge is applicable only for mobile wallet app SBI Buddy using ATM. This is applicable only for State Bank Buddy customers," the bank said here in a statement. 

SBI in a notification indicated that all ATM withdrawals will be charged a fee of Rs 25, which was later replaced with the corrected notification. The bank said that the number of free withdrawals from ATMs remained unchanged. 

Jan-Dhan account holders with the SBI can avail of four free withdrawals in a month from ATMs.

Savings Bank Account holders will continue to get eight '8' free ATM transactions (five '5' from SBI ATMs plus three '3' from other bank ATMs) in metros and 10 free transactions in non-metros (five from SBI ATMs plus five '5' from other bank ATMs).