Basic account cash withdrawals beyond four will attract a charge of ₹15 plus GST per transaction, says SBI
State Bank of India (SBI) announced that starting October 1, 2026, cash withdrawals beyond four per month from basic savings bank deposit accounts will incur a charge of ₹15 plus GST per transaction. The first four withdrawals, including ATM transactions, will remain free, while all digital transactions will continue to be exempt from charges.