ADVERTISEMENT

State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained

State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained

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.
 

Daily Cash Withdrawal & Transaction Limit
State Bank Classic Debit Card Domestic
Daily Cash Limit at ATMs Minimum Rs. 100/-
Maximum Rs. 40,000/-
Daily Point of Sales/e-Commerce Limit Minimum No such limit
Maximum Rs. 50,000/-
(Source: sbi.co.in)
Also read
Issuance and Annual Maintenance Charges - Classic Debit Card  
Particulars Charges (Subject to revision from time to time)
Issuance Charges Nil
Annual Maintenance Charges Rs 125/- plus GST
Card Replacement Charges Rs 300/- plus GST
SBI Global International Debit Card Domestic International
Daily Cash Limit at ATMs Minimum Rs. 100/- Varies from ATM to ATM
Maximum Rs. 40,000/- Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 40,000/-
Daily Point of Sales/ Online Transaction Limit Minimum No such limit No such limit but subject to local regulations.
Maximum Rs. 75,000/- Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 75,000/-
(Source: sbi.co.in)
SBI Gold International Debit Card Domestic International
Daily Cash Limit at ATMs Minimum Rs. 100/- Varies from ATM to ATM
Maximum Rs. 50,000/- Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 50,000/-
Daily Point of Sales/Online Transaction Limit Minimum No such limit No such limit but subject to local regulations
Maximum Rs. 2,00,000/- Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 2,00,000/-
(Source: sbi.co.in)