Atm Transaction Charges

Failure to meet the minimum balance requirements can lead to charges by the bank.

Banks were allowed by the RBI to charge ₹ 21 per each extra transaction at the ATM beyond the monthly free limit, effective from 1 January 2022.

For transactions beyond the free limit, SBI levies a fee ranging from Rs 5 to 20, depending upon the type of transaction and the ATM.

Banking customers would be required to pay Rs 21 per transaction with effect from January 1, 2022, for transactions beyond the free permissible limit.

SBI said it will charge Rs 15 plus GST per cash withdrawal for transaction at bank branches, SBI ATMs or from other banks' ATMs beyond 4 free cash withdrawals

The RBI on Thursday okayed a hike in interchange fees per transaction through automated teller machines from Rs 15 to Rs 17.

State Bank of India revised its rules and regulations for cash withdrawals from its ATMs, branches, as well as chequebook charges for the basic savings bank deposits (BSBD) account holders.

The SBI account holder who wants to activate State Bank of India ATM or debit card online needs to log in online SBI portal and click on e-services tab.

Bankof Maharashtra, Axis Bank, Kotak Mahindra Bank and RBL Bank - will impose revised minimum balance requirements and handling charges from August 1

India Post - which operates a network of more than 1.5 lakh post offices across the country - provides a variety of banking services. The Department of Posts offers several savings schemes with different interest rates. Along with its savings accounts, it offers ATM-cum-debit cards with a certain withdrawal limit. Post office savings account can be...

Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every month under current banking rules. Any additional transactions attract charges depending on factors such as the type and location of ATM. State Bank of India (SBI), the country's largest lender by asset...

The Reserve Bank of India (RBI) has asked commercial banks not to treat ATM transactions failing for technical reasons as well as non-cash withdrawal transactions - such as balance enquiries or cheque book requests - as part of the free transactions available to customers every month. Currently, transactions failed due to technical reasons or non-a...

The ATM charges apply depending on the type - whether it belongs to the same bank where the customer's account is located or some other bank - and nature of ATM - whether the ATM is located in a metropolitan or any other city in the country.

SBI ATM withdrawal limit: The SBI ATM cards enable customers to make cash withdrawals up to a certain limit.

The ATM card charges apply depending on the type - whether it belongs to the same bank or post office where the customer's account is located or some other bank or post office - and nature of ATM - whether the ATM is located in a metropolitan or any other city in the country.

Failure to meet the minimum balance requirements can lead to charges by the bank.

Banks were allowed by the RBI to charge ₹ 21 per each extra transaction at the ATM beyond the monthly free limit, effective from 1 January 2022.

For transactions beyond the free limit, SBI levies a fee ranging from Rs 5 to 20, depending upon the type of transaction and the ATM.

Banking customers would be required to pay Rs 21 per transaction with effect from January 1, 2022, for transactions beyond the free permissible limit.

SBI said it will charge Rs 15 plus GST per cash withdrawal for transaction at bank branches, SBI ATMs or from other banks' ATMs beyond 4 free cash withdrawals

The RBI on Thursday okayed a hike in interchange fees per transaction through automated teller machines from Rs 15 to Rs 17.

State Bank of India revised its rules and regulations for cash withdrawals from its ATMs, branches, as well as chequebook charges for the basic savings bank deposits (BSBD) account holders.

The SBI account holder who wants to activate State Bank of India ATM or debit card online needs to log in online SBI portal and click on e-services tab.

Bankof Maharashtra, Axis Bank, Kotak Mahindra Bank and RBL Bank - will impose revised minimum balance requirements and handling charges from August 1

India Post - which operates a network of more than 1.5 lakh post offices across the country - provides a variety of banking services. The Department of Posts offers several savings schemes with different interest rates. Along with its savings accounts, it offers ATM-cum-debit cards with a certain withdrawal limit. Post office savings account can be...

Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every month under current banking rules. Any additional transactions attract charges depending on factors such as the type and location of ATM. State Bank of India (SBI), the country's largest lender by asset...

The Reserve Bank of India (RBI) has asked commercial banks not to treat ATM transactions failing for technical reasons as well as non-cash withdrawal transactions - such as balance enquiries or cheque book requests - as part of the free transactions available to customers every month. Currently, transactions failed due to technical reasons or non-a...

The ATM charges apply depending on the type - whether it belongs to the same bank where the customer's account is located or some other bank - and nature of ATM - whether the ATM is located in a metropolitan or any other city in the country.

SBI ATM withdrawal limit: The SBI ATM cards enable customers to make cash withdrawals up to a certain limit.

The ATM card charges apply depending on the type - whether it belongs to the same bank or post office where the customer's account is located or some other bank or post office - and nature of ATM - whether the ATM is located in a metropolitan or any other city in the country.