SBI ATM rules to change from October 1: Check here
Starting October 1, 2026, State Bank of India (SBI) will alter the free monthly transaction rules for salary package account holders utilizing SBI debit cards at foreign banks' ATMs. The change will be implemented from October 1, 2026. Under the revised policy, SBI salary package account holders will be permitted to make a maximum of five free monthly transactions at ATMs belonging to other banks. This includes both financial and non-financial transactions.
After the five free transactions are exhausted, SBI will levy charges on the remaining transactions. Specifically, each cash withdrawal will incur a charge of Rs 23 plus Goods and Services Tax (GST). Similarly, each non-financial transaction will be subject to a charge of Rs 11 plus GST.
In comparison, SBI salary package account holders can currently make up to ten free transactions at SBI ATMs as well as at ATMs of other banks. However, this limit will be reduced to five free transactions starting from October 1, 2026. Additionally, SBI customers enjoy 10 free transactions every month at their own ATMs, which encompasses both financial and non-financial transactions.
There is no distinction between metro and non-metro locations; the six metro cities that were previously identified - Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, and Hyderabad - will continue to be exempt from charges.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
