Sbi To Accuse Rs. 25 On All Atm Withdrawals From 1St June 2017

Update : SBI issued clarification nigh this resultant together with announced this novel dominion was a misprint past times SBI and the accuse is exclusively applicable ATM withdrawals using the bank’s mobile wallet – SBI Buddy. You tin cheque consummate details from HERE.

SBI To levy Rs. 25 Charge for All ATM Transactions

India’s largest Public Sector Lender, State Bank of Republic of Republic of India (SBI) has today announced roughly other revision inwards service charges from June 1st. It volition starting fourth dimension levying Rs. 25 for every withdrawal from it’s Automated Teller Machine (ATM). Only RuPay classic menu volition survive issued for free.
The novel charges volition survive applicable to SBI menu holders equally good together with they volition too survive required to pay the levy.
Beyond iv withdrawals inwards a month, the service charges applicable volition survive Rs. fifty addition service taxation per transaction at branch; Rs. xx addition service taxation at other banking concern ATMs together with Rs. 10 addition serivce taxation for SBI ATMs.
Cash deposit through banking correspondent of upwardly to Rs. 10,000 (in multiples of 100) volition survive charged at 0.25 per cent of the value amongst a minimum of Rs. 2 together with maximum of Rs. 8 addition service tax. Cash withdrawal through banking correspondent of upwardly to Rs. 2,000 (multiples of 100) volition survive charged at 2.50 per cent of the transaction value (minimum of Rs. 6) addition service tax.

Online Transactions :

The banking concern is going to accuse for Online Transfers equally well. IMPS fund transfer charges through network banking/UPI/IUSSD volition survive Rs. v addition service taxation for amounts of upwardly to Rs. 1 lakh; Rs. fifteen addition service taxation for inwards a higher house Rs. 1 lakh together with upwardly to Rs. 2 lakh; together with Rs. 25 addition service taxation for inwards a higher house Rs. 2 lakh together with upwardly to Rs. v lakh.

Exchange of Soiled Notes :

The banking concern has too clarified that it volition too accuse the amount for telephone substitution of “soiled” notes worth together with inwards a higher house Rs 5,000. Service charges for telephone substitution of soiled/imperfect notes, upwardly to xx pieces together with value of Rs. 5,000 volition need no charge. More than xx pieces volition invite Rs. 2 per slice on the entire tender addition service tax. For value inwards a higher house Rs. 5,000, Rs. 2 per slice or Rs. v per 1,000 addition service tax, whichever is higher on the entire gild volition survive levied.

Sources : Deccan Chronicle,   The HINDU Business Line

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