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.

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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.

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)

SBI charges a fee of Rs 125 plus GST (Goods and Services Tax) as annual maintenance charges for its Classic Debit Card. The charges are subject to revision from time to time, according to the SBI website.

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Issuance and Annual Maintenance Charges - Classic Debit Card
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 offers many services to its customers through its ATMs. These include cash withdrawal, 'fast cash' - a cash withdrawal option wherein the user gets to choose from a list of pre-defined values, PIN change, balance enquiry, mini-statement. cheque book request and utility bill payment.

SBI Global International Debit Card		Domestic	International
Daily Cash Limit at ATMs	Minimum	Rs. 100/-	Varies from ATM to ATM
Daily Cash Limit at ATMs	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.
Daily Point of Sales/ Online Transaction Limit	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)

The user can also register for IMPS or Inter-mobile Mobile Payment System service at State Bank of India ATMs, according to its website.

SBI Gold International Debit Card		Domestic	International
Daily Cash Limit at ATMs	Minimum	Rs. 100/-	Varies from ATM to ATM
Daily Cash Limit at ATMs	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
Daily Point of Sales/Online Transaction Limit	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)