SBI customers can withdraw 10 per month allowed
At these days when many other banks are decided to limit the number of transactions per month including deposit to withdraw only uptp 4 or 5 times, public sector bank in country, SBI has a plesant surprise for customer.
SBI customer can able to enjoy free transactions for about 10 times per month. In order to recall the recent scenario, many spheres of activities were affected severely after the demonetization announcement. Public to face severe problem for cash. Release the new Rs 2000 and Rs 500 currency notes, ATMs were crowded to withdraw cash.
Central government has provided some relief for announcing cash to be withdrawn from ATMs for many unlimited number of times without any paying any charges.
Effects of demonetization starting for many private banks now announced the restriction for number of transactions in month without any charges.
Private banks have announced that additional charges said to have announced from Rs. 50 to Rs. 150 is said to collect money if its withdrawan from ATMs for about 3 more times.
SBI has well announced that customers can able to withdraw cash from ATMs free for uptp 10 times per month. SBI announced that its withdrawal will be effective from 1st April. Many conditions already announced at SBI as the customers must have a minimum bank balance of Rs. 5000 in their accounts.