State Bank of India (SBI) has revised service charges for cash withdrawals from its ATMs and bank branches. The new charges would apply to the chequebook, transfer and other non-financial transactions, the lender had mentioned on its website. The new service charges will come into effect from 1 July 2021 and will be applicable for Basic Savings Bank Deposit (BSBD) account holders

SBI will recover charges beyond four free cash withdrawal transactions.

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