SBI or State Bank of India allows its customers to make cash withdrawals of up to Rs 40,000 per day from its ATMs. Using SBI's Classic Debit Card, SBI customers can withdraw up to Rs 40,000 in cash from the bank's network of ATMs, according to the corporate website of India's largest bank - sbi.co.in. SBI offers several types of debit cards such as SBI Classic Debit Card, State Bank ATM-Cum-Debit Card, SBI Global International Debit Card and SBI Gold International Debit Card. For example, SBI Classic Debit Card enables its customers to purchase goods at merchant establishments, make payment online and withdraw cash from ATMs within the country, according to SBI website.
(Also read: Use these SBI toll-free helplines to report unauthorised electronic transfers)
While SBI allows its customers to withdraw up to Rs 40,000 in cash in a day using the Classic Debit Card, higher value cards permit daily withdrawal limits of up to Rs 1 lakh per day, according to the SBI website.
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