State Bank of India (SBI) offers its customers seven types of ATM-cum-debit cards. The daily cash withdrawal limit ranges from Rs 20,000 to Rs 1 lakh depending on the type of card. SBI has changed its ATM withdrawal rules since 1 July. As per the information available on the official website (sbi.co.in), SBI allows its regular savings account holders to do 8 free transactions in a month. In addition, customers are charged on every transaction.
Let us know the daily ATM cash withdrawal limits applicable on SBI Debit Card.
1) SBI Classic and Maestro Debit Card
ATM withdrawal limit: Rs 20,000
2) SBI Global International Debit Card
Withdrawal limit from ATM: Rs 40,000
3) SBI Gold International Debit Card
ATM withdrawal limit: Rs 50,000
4) SBI Platinum International Debit Card
ATM withdrawal limit: Rs 1,00,000
5) sbiINTOUCH Tap & Go Debit Card
Withdrawal limit from ATM: Rs 40,000
6) SBI Mumbai Metro Combo Card
Withdrawal limit from ATM: Rs 40,000
7) SBI My Card International Debit Card
Withdrawal limit from ATM: Rs 40,000
Withdrawal via OTP
SBI has extended OTP-based cash withdrawals at all its ATMs across the country from 18 September. For this, the OTP sent by the bank has to be entered on its registered mobile number. If you cannot do so, the transaction will be canceled. According to SBI’s tweet, ‘Your transaction in SBI ATM is now more secure than ever. SBI has increased the OTP based cash withdrawal facility to Rs 10,000, it is effective from 18.09.2020 and is available 24×7. ‘ Recently, SBI launched a new facility for debit card users, which helps in preventing frauds in ATMs.
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