MoneyWorks4Me

SBI to levy charges for cash withdrawal beyond 4 free transactions per month

29 Jun 2021 Evaluate

State Bank of India (SBI) has decided to levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts. These customers will also be levied charges for cheque book beyond 10 leaves in a year.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 949.75
PNB 116.65
Bank Of Baroda 239.00
Canara Bank 120.10
Union Bank Of India 173.75
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