New Delhi: State Bank of India (SBI) has introduced revision in service charges for its Basic Savings Bank Deposit (BSBD) Account holders that may kick in from subsequent month.
The Additional Value Added Services will come into impact from July 1, 2021, SBI mentioned.
These SBI charges pertain to cash withdrawal at branches and at ATMs, charges associated to Cheque Book, switch and other non-financial transactions.
For cash withdrawal, at branches charges shall be recovered past 4 free cash withdrawal transactions (together with at Branch & ATM) and at ATMs charges shall be recovered past 4 free cash withdrawal transaction (together with at ATM &Branch).
BSBD account holders must comply with these charges for cash withdrawal:
Rs 15 plus GST per cash withdrawal transaction at Branch Channel/ATM.
i. SBI ATMs: Rs 15 +GST
ii. Other Bank’s ATMs: Rs 15 + GST
The following charges shall be levied for Cheque Book
i. First 10 cheque leaves FREE in a monetary 12 months.
ii. Thereafter:
a. 10 leaf cheque Book at Rs. 40/- +
GST
b. 25 leaf cheque Book at Rs. 75/- +
GST
c. Emergency Cheque Book:
Rs. 50/- + GST for 10 leaves or half thereof.
However, Senior Citizen prospects are exempted.
The Non-Financial Transactions at Branch Channel/ATM/CDM/ shall be free for BSBD account holders in each SBI and other banks. Transfer Transactions of BSBD account holders shall be free for department and alternate channels.
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