Big changes In SBI from 1st July,what are the effects for Peoples

Big changes In SBI from 1st July, what are the effects for Peoples.

Here we come with a new IMP News In our informative blog site knowing steps360. There is big news for State Bank of India (SBI) customers. The bank is going to make Many big changes from July 1. Which will directly affect your pocket. From the 1st of the next month, there will be a fee for withdrawing money from ATM, checkbook, branch Let us know how much money SBI will charge in the name of which service -

Fee for withdrawing money more than 4 times(SBI Branch)

If the customers of the bank withdraw money from the bank more than 4 times a month, then the bank will levy additional charges from them. Bank ATMs are also included in this transaction. 

In simple language, if you withdraw money from an SBI branch or ATM more than four times in a month, then you will have to pay a fee of Rs 15 plus GST on it. This charge will be applicable on every additional transaction. This rule is also applicable to non-SBI branches.

Also, fee for withdrawing money from ATM

BSBD customers will have to pay a service charge if they withdraw more than four times from SBI ATMs and non-SBI ATMs. In the name of service charge, the bank will have to pay Rs 15 plus the GST charge.

Will have to pay more money for the checkbook too

State Bank of India does not charge BSBD account holders for 10 checkbooks. But after 10 Rs 40 plus GST will be charged. At the same time, a checkbook with 25 checks will be charged Rs 75. Whereas emergency checkbook will have to be paid by adding Rs 50 and GST charge. Senior citizens will not have to pay any money for these facilities.

What is an SBI BSBD Account?

BSBD is simply called a zero balance account. There are many benefits of this savings account. In this account, the customer gets the same interest as SBI's savings account, but at the same time, customers get many such special facilities in this account, which are not available to the normal savings account holders. In this account, the customer gets many facilities including exemption from minimum balance, free ATM and debit cards, and exemption from maximum balance limit.

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