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State Bank of India news: Before withdrawing cash from SBI ATM, know this rule or pay fine
SBI account holders will have to pay an extra amount as a penalty for all failed transactions due to insufficient fund in the account.
DNA Web Team
Feb 6, 2021, 05:01 PM IST
State Bank of India (SBI), the country’s largest lender, has revised the ATM cash withdrawal rules and customers with insufficient balance will now have to pay some charges for failed ATM transactions. SBI account holders will have to pay an extra amount as a penalty for all failed transactions due to insufficient fund in the account. According to the SBI official website, the bank will charge a fee of Rs 20 plus GST for transaction decline due to insufficient balance. Apart from this, in India will levy charges for non-financial transactions too.
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SBI ATM rules changed! Customers must take note of THIS before withdrawing cash
New SBI ATM Rules:Â India s largest lender, State Bank of India (SBI) has revised the ATM cash withdrawal rules and from now its customers will have to pay some charges for failed ATM transactions due to insufficient balance.Â
This means SBI account holders will have to pay an extra amount as a penalty for all unsuccessful transactions due to insufficient fund in the account. According to the SBI official website, the bank will charge a fee of Rs 20 plus GST for transaction decline due to insufficient balance. Apart from this, the largest commercial bank in India will levy charges for non-financial transactions too.