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SBI denies reports of increasing service charges to Rs 25 on regular ATM withdrawals, charge applicable on cash withdrawal from the mobile wallet
Posted on: 11-05-2017 , 06:39:PM | DY365 Bureau

 PIC COURTESY- BUSINESS LINE
May 11, 2017- The State Bank of India on Thursday denied reports that it has increased service charges to Rs 25 on regular ATM withdrawals. 
 
"The service charge on cash withdrawal from ATMs has not been changed for normal savings accounts," SBI MD (national banking) Rajnish Kumar told PTI. 
 
On the other hand, the SBI disclosed that a new facility would be introduced that would enable withdrawal of cash through ATMs using the bank’s mobile wallet. 
 
However, the bank will charge Rs 25 on every cash withdrawal from the mobile wallet via ATMs. 
 
 

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