State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained
SBI or State Bank of India allows its customers to make cash withdrawals of up to Rs 40,000 per day from its ATMs. Using SBI's Classic Debit Card, SBI customers can withdraw up to Rs 40,000 in cash from the bank's network of ATMs, according to the corporate website of India's largest bank - sbi.co.in. SBI offers several types of debit cards such as SBI Classic Debit Card, State Bank ATM-Cum-Debit Card, SBI Global International Debit Card and SBI Gold International Debit Card. For example, SBI Classic Debit Card enables its customers to purchase goods at merchant establishments, make payment online and withdraw cash from ATMs within the country, according to SBI website.
(Also read: Use these SBI toll-free helplines to report unauthorised electronic transfers)
While SBI allows its customers to withdraw up to Rs 40,000 in cash in a day using the Classic Debit Card, higher value cards permit daily withdrawal limits of up to Rs 1 lakh per day, according to the SBI website.
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| Daily Cash Withdrawal & Transaction Limit | ||
| State Bank Classic Debit Card | Domestic | |
| Daily Cash Limit at ATMs | Minimum | Rs. 100/- |
| Maximum | Rs. 40,000/- | |
| Daily Point of Sales/e-Commerce Limit | Minimum | No such limit |
| Maximum | Rs. 50,000/- | |
| (Source: sbi.co.in) | ||
| Issuance and Annual Maintenance Charges - Classic Debit Card | Â |
| Particulars | Charges (Subject to revision from time to time) |
| Issuance Charges | Nil |
| Annual Maintenance Charges | Rs 125/- plus GST |
| Card Replacement Charges | Rs 300/- plus GST |
| SBI Global International Debit Card | Domestic | International | |
| Daily Cash Limit at ATMs | Minimum | Rs. 100/- | Varies from ATM to ATM |
| Maximum | Rs. 40,000/- | Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 40,000/- | |
| Daily Point of Sales/ Online Transaction Limit | Minimum | No such limit | No such limit but subject to local regulations. |
| Maximum | Rs. 75,000/- | Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 75,000/- | |
| (Source: sbi.co.in) | |||
| SBI Gold International Debit Card | Domestic | International | |
| Daily Cash Limit at ATMs | Minimum | Rs. 100/- | Varies from ATM to ATM |
| Maximum | Rs. 50,000/- | Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 50,000/- | |
| Daily Point of Sales/Online Transaction Limit | Minimum | No such limit | No such limit but subject to local regulations |
| Maximum | Rs. 2,00,000/- | Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 2,00,000/- | |
| (Source: sbi.co.in) | |||
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