SBI changed the rule for the cash withdrawal| Know details:

Cash withdrawal limit increases.
Third-party cheque withdrawal limit increase.
ATM withdrawal limit increases.

In this Corona Pandemic situations, all business going worst, but they are trying to stand with the Public. At this time India’s biggest bank State Bank of India(SBI) did some changed to its rule for the benefits of the Public. SBI increases the cash withdrawal limit from the account in one day for this emergency. Now you can withdraw 25,000 rupees outside home branches means non-home branches via withdrawal form in one day. Also, any SBI customer can withdrawal up to 1Lakh rupees via cheques from any non-home branches and for the third party means an issue for other not self withdrawal limit increase 50,000 rupees and transactions are only for cheques purpose. These rule sanctioned from June 1 and valid up to September 30, 2021.

image from SBI official twitter handle

You know, the cash withdrawal from the account we have generally used a form, which is known as Withdrawal form and it is available only branches of the bank. State Bank of India recently changed rule comes with some conditions. Withdrawal can’t proceed via third party withdrawal form. For any third party transaction, a third party should submit KYC to proceed with the transaction.

Now State Bank of India(SBI) extended time of branches open from morning 10 AM to evening 4 PM with 50% employees. But the customer faces many problems that’s why SBI extended their cash withdrawal facility. In one month SBI provides free ATM transactions for small saving account holders, among this 5 SBI ATM and 3 other ATM transaction for the metro city. For non-metro city 10 free ATM transactions, among this 5 SBI ATM and 5 other ATM transaction.

Every sector stands with the country in this emergency. From big to small companies and every emergency service providers follow the essential rules to overcome the Coronavirus. That’s why SBI takes that change for their Customer to shortage problems and smoothly enjoy services.