SBI to revise cash withdrawal charges from October 1; check new rules
Customers are requested to take note that all digital transactions will continue to be free without any restriction, SBI said.
The State Bank of India (SBI) has announced it will adjust cash withdrawal fees for Basic Savings Bank Deposit (BSBD) accounts starting October 1. Four withdrawals per month will remain free, while additional withdrawals will incur a charge of ₹15 plus GST per transaction. Digital transactions will continue to be free without any limit.
This change comes as Indian lenders have raised $4 billion through global bond issuances in recent months, with the trend expected to continue throughout the second half of 2026, according to one arranger.
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