The State Bank of India (SBI) on Thursday revised its withdrawal rules, which will come in effect from July 1, after the SBI’s 3-month relaxation given to the customers expired on June 30. The public lender has not extended the exemption given to its customers in wake of the coronavirus pandemic.
Due to the coronavirus pandemic, the SBI in April had waived service charges for all ATM transactions made on SBI ATMs as well as other bank ATMs on account of exceeding the free number of transactions.
“In view of the announcement made by Finance Minister on 24th March, State Bank of India has decided to waive ATM charges for all ATM transactions made on SBI ATMs and other bank ATMs on account of exceeding the free number of transactions up to 30th June,” the SBI said earlier in April.
