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SBI ATM transaction Charges Explained: How much does SBI charge per transaction at an ATM?

Country’s largest Public Sector bank State Bank Of India is currently allowing unlimited free transactions at its own and SBI group ATMs for the customers who are marinating balance of minimum Rs.25000 .

For customers with lesser monthly average balance, SBI has set certain limits on the number of ATM transactions – of financial or non-financial nature – at its group ATMs.

So understand it easily how much SBI IS charging for ATM transactions we have complied this list.

SBI ATM withdrawal charges

SBI charges a fee ranging from Rs. 5 plus GST to Rs. 20 plus GST for any additional transactions beyond these limits, depending on factors such as the nature of transaction and type of ATM.

ATM financial transactions beyond monthly limit

For any financial transactions beyond the monthly limit at SBG or State Bank Group ATMs, the bank charges Rs. 10 plus GST, according to the website. This includes SBI group ATMs in six metros – Delhi, Kolkata, Mumbai, Chennai, Bengaluru and Hyderabad – and other locations.

For every such transaction at an ATM of another bank, SBI charges Rs. 20 plus GST.

ATM non-financial transactions beyond monthly limit

SBI charges Rs. 5 plus GST for every transaction made at its group ATMs. That is applicable to non-financial transactions over and above the allowed number of free transactions.

Any transaction at an ATM of another bank is charged at Rs. 8 plus GST, according to SBI’s website. “This charge will not be applicable to Small/No Fril Deposit Account holders. These customers will continue to get five free transactions, irrespective of the centre, as hitherto,” SBI adds.

Unlimited free transactions at State Bank of India Group ATMs

For customers maintaining a monthly average balance above Rs. 25,000 in the month gone by, SBI allows unlimited free transactions at its group ATMs, according to the bank’s website. For example, a customer having maintained a monthly average balance of, let’s say, Rs. 27,000 in May 2018 will be allowed unlimited ATM transactions at SBG ATMs in the following month.

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