{
  "id": 5306673,
  "title": "SBI Halves Free ATM Limit, Salary Customers To Pay Sooner",
  "url": "https://urgent.news/2026/09/03/sbi-halves-free-atm-limit-salary-customers-to-pay-sooner",
  "topic": "world",
  "section": "World",
  "published": "2026-09-03T10:31:09.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sbi-halves-free-atm-limit-salary-customers-to-pay-sooner"
  },
  "original_language": "en",
  "account": "Mumbai: State Bank of India (SBI) will cut the number of free monthly transactions for Salary Package Account holders using ATMs and Automated Deposit and Withdrawal Machines (ADWMs) belonging to other banks, starting October 1, 2026. Under the updated policy, these customers will be allowed five free transactions each month, down from the current allowance of 10. This reduction applies to both financial and non-financial transactions, including cash withdrawals, balance inquiries, and other services. Once the free limit is exhausted, SBI's regular charges will apply. The bank has not raised the fee for each extra transaction. Customers exceeding their free transactions will face ₹23 plus GST per cash withdrawal at an ATM of another bank, or ₹11 plus GST for additional non-financial transactions. A salary account holder making eight transactions at another bank's ATM currently incurs no charges, as all eight transactions fall within the existing 10-transaction allowance. From October, the last three transactions may incur charges, depending on their nature. The revised limit only applies to SBI Salary Package Account holders who use SBI debit cards at ATMs and ADWMs operated by other banks. Transaction limits and fees for other account categories at SBI remain unchanged. SBI's cardless cash-withdrawal service remains unaffected, with no transaction cap. This revision primarily impacts salary account holders who frequently use their SBI debit cards at ATMs and ADWMs of other banks, as they will reach the paid-transaction threshold after five uses instead of 10 from October.",
  "summary": "Mumbai: State Bank of India (SBI) will reduce the number of free monthly transactions available to Salary Package Account holders at other banks ATMs and Automated Deposit and Withdrawal Machines (ADWMs) from October 1, 2026. Under the revised rules, salary account customers will receive five free transactions each month, compared with the existing allowance of 10. The limit applies regardless of…",
  "key_points": [
    "SBI halves free ATM transaction limit for salary account holders to 5 from Oct 2026.",
    "Restriction applies only to SBI Salary Package Account holders using other banks' ATMs."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}