ATM Charges and Transaction Charges - SBI

State Bank of India has set specific limits for the ATM transactions based on the previous month's Monthly Average Balance (MAB). Let us study the SBI ATM charges in detail.

Withdrawal at SBI ATM

• 5 free transactions per month are allowed.

• For any financial transaction beyond the transaction limit, Rs. 10 + GST is charged, and for any non-financial transaction, it is Rs. 5 + GST.

• Customers who are maintaining a Monthly Average Balance (MAB) of more than Rs. 25,000 in the previous month can avail 10 free transactions at SBI ATMs.

• Customers with MAB of more than a lakh in the previous month can avail unlimited free transactions at SBI ATMs.

Withdrawal at Other ATMs

• In metros, 3 free transactions, and in non-metros, 5 free transactions per month are allowed.

• For any financial transaction beyond the transaction limit, Rs. 20 + GST is charged, and for any non-financial transaction, it is Rs. 8 + GST.

Transaction Decline Charges

A charge of  ?20 + GST must be borne by the customer if there is a transaction decline due to insufficient balance.

Charges for Cardless Cash Withdrawal

Rs. 22+GST is charged for Cardless Cash withdrawal at ATMs using the SBI YONO mobile app.

Note:  Financial transactions are the ones that include cash withdrawal  

and non-financial transactions include activities such as balance inquiry, PIN change, and mini statement.