HIGHLIGHTS
- Different cash withdrawal limits are applicable to different type of SBI Debit cards and its variants.
- SBI allows 8-10 free transactions to its customers at ATMs per month.
FULL STORY
Effective from 1st October 2019.
India's Largest lender State Bank Of India ( SBI ) permits daily cash withdrawal limits from ATMs for its certain card holders.
In November 2018 SBI had halved the daily cash withdrawal limits for Classic and Maestro Card holders.
Depending on the card type and its variants different cash withdrawal limits are applicable to SBI Debit cards.
State Bank Of India allows about 8-10 free transaction to its Customers at ATMs per month.
Above the mandated free transactions, SBI will charge some amount of transaction fee to its customers.
SBI will also charge for transaction declined due to insufficient balance and cardless transations at ATM's.
Following are some of the ATM cash withdrawal limits applicable to its Debit Cards:
SBI Classic and Maestro Debit Cards:
It is the most popular ATM-cum-Debit card provided by the State Bank Of India.
Minimum: 100 INR
Maximum: 20,000 INR
SBI Gold International Debit Cards:
SBI Gold International Cards can be used to purchase goods at Merchant Establishments,It can also be used to make payments online and cash withdrawal in India as well as throughout the World.
Minimum: 100 INR
Maximum: 50,000 INR
SBI Platinum International Debit Cards:
SBI Platinum International Debit Cards can be used to make online payments and allows cash withdrawal in India as well as throughout the World.
Minimum: 100 INR
Maximum: 1,00,000 INR
SBI's YONO App allows the customers to withdraw the cash at the selected ATM's of the bank without carrying physical debit card with you. YONO App is a digital banking platform of SBI and here customers can make digital transactions and payments through their smartphones by YONO App.
Debit Card Frauds are the things of the past due to the advancements in technology as well as awareness among the peoples nowaday.
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