SBI To Levy Charges On Basic Savings Account Cash Withdrawals
· Business · Zee News, Hindustan Times, Times of India
Starting October 1, State Bank of India will implement new charges for cash withdrawals from basic savings accounts. Customers are permitted four free cash withdrawals per month. Any transactions exceeding this limit will incur a fee of 15 plus GST. The bank announced these changes through an official notification.
Why it matters
Basic savings account holders at SBI will now face additional costs for frequent cash withdrawals, impacting monthly banking expenses for those relying on physical cash transactions.
Read the original report — Zee News
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