The record
Written from the 1 report below. Nothing here is unsourced.
- State Bank of India will charge 15 rupees plus GST for ATM cash withdrawals exceeding the four-time monthly free limit.
- This fee applies specifically to Basic Savings Bank Deposit accounts.
- Aadhaar Enabled Payment System transactions will no longer be excluded from the monthly free withdrawal count.
- These policy changes aim to regulate cash withdrawal frequency for specific account tiers.
What to watch next
- Monitor impact on Basic Savings Bank Deposit account holders
- Observe adoption of digital transaction alternatives
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1 report
Indian-language1
All filed from India
Named India · State Bank of India
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