Categories: Banking

SBI to waive service charges for all ATM transactions

The State Bank of India (SBI) has made an announcement that the bank will waive service charges for all ATM transactions made on SBI ATMs. The decision will also be implemented on the other bank ATMs on account of exceeding the free number of transactions up to 30th June 2020. Therefore, any customer having a debit card from a State Bank of India will be allowed to withdraw cash from any other bank’s ATM without incurring any additional charges till 30th June, 2020.

Click Here To Get Test Series For SBI PO 2020

The decision to waive service charges was taken by the State Bank of India in view of the announcement made by Finance Minister Nirmala Sitharaman stating “no charge will be levied on cash withdrawals by a bank’s customer from the ATM of any other bank till 30th June 2020”.

Important takeaways for all competitive exams:

  • Chairperson of State Bank of India: Rajnish Kumar.
  • Headquarters: Mumbai; Founded: 1 July 1955.

Find More Banking News Here

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

East Bengal Win Indian Super League Title for First Time, Ending 22-Year Wait

The East Bengal have finally ended one of the Indian Football's lonest title after they…

15 hours ago

NASCAR Legend Kyle Busch Passes Away at 41, Racing World Pays Tribute

NASCAR legend Kyle Busch passed away at the age of the 41. He was one…

15 hours ago

Cheetahs Roar Back in India After 70 Years, Mission Hits Major Milestone

India's ambitious restoration mission Project Cheetah is showing the strong momentum as the India's cheetah…

15 hours ago

Delhi’s Vaman Van Initiative: Key Details of the New Ecological Education Project

Delhi Forest Department set to develop the 'Vaman Van' which is an interactive biodiversity zone…

15 hours ago

India Postpones Fourth India-Africa Forum Summit Amid Ebola Health Emergency in Africa

India has postponed the Fourth India-Africa Forum Summit which was schedule to be held in…

16 hours ago

Rajnath Singh Unveils Indian War Memorial in South Korea, Honouring Korean War Heroes

India and South Korea have strengthened the strategic relationship as Defense Minister of India Rajnath…

16 hours ago