SBI revises service charges for SBI Buddy Users for ATM withdrawals at Rs.25 ..

[Anup Tiwari]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

A day after revising the service charge on various cash transaction, State Bank of India (SBI) on Thursday clarified that these charges are applicable only for State Bank Buddy Customers.

On Wednesday, the bank had said that the customers will be charged Rs 25 per transaction on every cash withdrawal from ATMs. The bank will also charge on issue of ATM cards except RuPay, henceforth.

Clarifying to it, the bank today said that, "Cash out at ATM: The transaction is cash withdrawal from State Bank Buddy using ATM. Rs 25 per transaction is charged for withdrawing from State Bank Buddy through ATMs. Charges are applicable only for State Bank Buddy using ATM (This is applicable only for State Bank Buddy Customer)."
SBI clarifies: Rs 25 per ATM charge only for State Bank Buddy Customers; see other changes | Zee Business

 

[Sai Jai]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

Number of free withdrawl is decided by RBI and not by individual banks. That's why 10 free withdrawl(8 for metro) is same for all banks in India. So there is no question of issuing such circular by SBI

In that 10 transactions 5 for financial , 5 for non financial
..

 

[harshbardhan]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

Very confusing news common now a days sufficient to accelerate one's heart beat. Some news comes up and then the deniel. No authentication no control...... freedom of speech.....is this?

 

[Sai Jai]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

Very confusing news common now a days sufficient to accelerate one's heart beat. Some news comes up and then the deniel. No authentication no control...... freedom of speech.....is this?

Exactly

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[PRK]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

Please close this thread or change the title as it is wrong.

 

[Ritesh]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

Whatever be the news, true or not, SBI doesn't deserves all this with their current services which are pathetic. First they should teach their babus to respect their customers. The way they handle customers is mind-boggling.
Min balance, txn charges all these things won't affect much if the services are upto the mark. But with current scenario, i am against SBI and am going to close my account soon. I am very much happy with ICICI and Bank of India.

 

[Sai Jai]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

Please close this thread or change the title as it is wrong.

Title change done want to close the thread report to team bro
..

 

[sandeepbishnoi]

In zero balance account you cant transfer more than 49999 in one single transaction.. if you transfer than amount will be debited and not credited... it will stuck somewhere...

 

[Bapun]

SBI clarifies only ATM withdrawals from mobile wallet to be chargeable

Denying reports that all SBI ATM transactions will be charged from June 1, the largest public lender clarified on Thursday that the Rs 25 charge is only for withdrawals from its mobile wallet.

"The service charge on cash withdrawal from ATMs has not been changed for normal savings accounts," SBI MD (national banking) Rajnish Kumar told PTI.

"If a customer has money in SBI Buddy, our mobile wallet, he can now withdraw that money through ATMs. Also, now the customer can deposit cash or withdraw cash through business correspondent (BC) from or into our mobile wallet. These facilities were not available earlier," Kumar added.

 

[Sarkar]

RE: SBI revises service charges -- To charge ATM withdrawals at Rs.25 ..

In that 10 transactions 5 for financial , 5 for non financial
..

Where do you get that?

AFAIK 5 free withdrawal at own bank atm and 5 at other bank in non metro.
http://m.businesstoday.in/story/dont-worry-sbi-will-not-charge-rs-25-per-for-every-atm-withdrawal/1/251880.html