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SBI Revises ATM Charges, To Levy Cash Transaction Fee

SBI will has reintroduced non-maintenance of minimum balance penalty. More than three cash deposits in a month will also attract a levy. More than three ATM withdrawals from non-SBI ATMs will also be charged

SBI will permit savings bank account holders to deposit cash three times a month free of charges.
SBI will permit savings bank account holders to deposit cash three times a month free of charges.
New Delhi: After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from April 1, and revised charges on other services, including ATMs. The country's largest bank will permit savings bank account holders to deposit cash three times a month free of charges and levy Rs 50 plus service tax on every transaction beyond that. In case of current account, the levy ...
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