SBI New Rules

State Bank of India (SBI), the largest government bank in the country, is going to change its service charge from October 1. These include service charges associated with depositing rupees into the bank, withdrawing rupees, use of checks, ATM transactions. A circular SBI has announced on their website regarding change in service charge.
Sbi new rules
The bank has announced that from October 1st, customers will be able to deposit money in the bank free of charge only for 6 times in 6 months. After that, if you want to add Rs. But if you deposit, you will get 1 Rs. (Additional of GST). If you deposit 5 rupees in your account even after five or so, you will get 5 rupees. Will have to be deposited.

In addition, if the check bounces, the check writer will get Rs. Additional GST will have to be paid. GST together with this charge of Rs. Will happen. According to the new rules, as long as the number of transactions is increased from the bank's ATMs, it will be more expensive to go to the bank's branch and do NEFT and RTGS. In big cities, people will be able to make 8 transactions in ATMs a month. In other cities, 8 transactions can be made at ATMs. If a person uses another bank's ATM, then five transactions will be facilitated in a month.
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If the bank can limit the use of ATMs to the minimum average balance holder above Rs 1,000, then below this the average balance holder will get 5 free transactions under the old rule. If a person goes to a bank branch and does RTGS or NEFT, he has to pay the charge. However, there is no charge on net banking, mobile banking transactions.

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